The City Crime Branch (CCB) of Bengaluru has initiated a probe into a peculiar case involving a trio who allegedly promised a contractor 50% more payment in Rs 2000 notes, leading to suspicions of potential fraudulent activities. The incident has raised concerns about the misuse of currency and the need for vigilance against such deceptive practices.
According to reports, the contractor, identified as Suresh, was approached by three individuals claiming to represent a prominent company in the construction industry. The trio offered the contractor an enticing deal, wherein he would receive 50% more payment than the agreed-upon sum, but in the form of Rs 2000 denomination notes, which are higher in value but less frequently used for transactions.
Suspecting the legitimacy of the offer, the cautious contractor decided to inform the authorities about the unusual proposal. Acting on the contractor’s complaint, the City Crime Branch launched an immediate investigation to unravel the motives behind the trio’s unusual promise.
Police Official, a senior officer from the CCB, addressed the media about the ongoing investigation, stating, “We are taking this matter seriously and are diligently examining the details provided by the contractor. The promise of 50% extra payment in Rs 2000 notes raises suspicion about potential fraudulent activities or money laundering attempts. Our teams are actively working to identify the individuals involved and ascertain the true nature of their intentions.”
The use of Rs 2000 denomination notes in large transactions has been a point of scrutiny since their introduction post-demonetization. There have been concerns about their possible misuse for illegal activities due to their higher value and relatively lower circulation in the economy.
As the investigation progresses, the police are urging citizens and businesses to remain cautious and report any suspicious financial transactions or proposals. Collaborative efforts between the public and law enforcement agencies are instrumental in curbing illegal activities and ensuring financial transparency.
The City Crime Branch is committed to uncovering any potential financial irregularities or scams and will take appropriate legal action against those found guilty of engaging in fraudulent practices.
This incident serves as a reminder for individuals and businesses to exercise due diligence and prudence when dealing with financial transactions, especially when offered unusual and seemingly lucrative deals. Raising awareness about such deceptive practices can safeguard innocent individuals from falling victim to financial scams and help maintain the integrity of the financial system.
As the investigation unfolds, the Bengaluru police are determined to get to the bottom of this case and take necessary measures to prevent any further attempts at deceiving unsuspecting individuals through unscrupulous financial arrangements.
