PANAJI:
Old Goa police have arrested alleged fraudster Ajju Sindolli, 56. He has been handed over to the
Karnataka police who have taken Sindolli to the neighbouring state for further investigations.
In December 2015, the Economic Offences Cell (EOC) of Goa police had booked Sindolli on charges of cheating. He is accused of collectively cheating his victims of over Rs 1 crore.
Sindolli has several cases against him where he allegedly promised victims attractive returns on gold deposits and investments in mining and property.
His modus operandi was to allegedly promise the people that he would double the money they invested with him.
Sindolli has cases pending against him under Section 138 of the Negotiable Instruments Act, for dishonouring cheques. He also has cases pertaining to cheating, criminal breach of trust and dishonestly inducing delivery of property. He also has cases filed against him by the economic offences cell.
Some of the cases against Sindolli date back to 2012. He had cases against him in the court of Faridabad in
Haryana too.