HYDERABAD: Over the course for 13 years later jumping bail, Srinivas Rao, an engineer, detained in 40 bank fraud instances, conducted out of chance and got nabbed by police two weeks ago. To offer cops the overlook, he worked at a resort, flew at Tirumala, and was employed as a security guard in Bengaluru. On Tuesday, Karimnagar authorities commissioner VB Kamalasan Reddy stated Srinivas was teaching maths and physics at a private school before he chose to offense in 2006. “However, so as to make easy cash, he joined hands with several other individuals and created bogus Kisan Vikas files and vowed them in various banks and increased an advance of Rs 1 crore,” the commissioner said. In 2007, depending on the complaints lodged by various banks, criminal cases had been registered against Srinivas along with his group members in Karimnagar, Warangal, Hanumakonda, Hyderabad and Guntur districts of Andhra Pradesh. A total of 40 cases were filed against him personally and Srinivas Rao was detained by Karimnagar authorities sent to judicial remand, until he obtained bond in 2008. Out on bond, Srinivas first started beating court hearings and compulsory visits to police stations before he went missing and covertly took refuge in Hyderabad. “He also took another title and introduced himself ‘Shashank Rao’ and got work in a private school for a lecturer. In this period of time, his spouse caught separated in him and he’d quit his job and proceeded into Vijayawada and began to work at a resort, fearing his spouse could inform law enforcement ,” Reddy said. Afterward, he transferred into Tirupati and has been eking out a living from operating in a resort. However, to his urgency that he met with the injury and has been thrown from work. “After the collision, he lived by begging Alipiri at Tirumala for a minumum of one meal,” Reddy said. In 2018, his brother Sridhar lodged a lost criticism in Nizamabad and Warangal. Luck smiled upon Srinivas again following a few taxpayers of Nizamabad came at Alipiri and shared the data with Sridhar. Together with his brother, Srinivas transferred into Bengaluru, at which he acquired a job as security guard at 2018. “However, the non-bailable warrants (NBWs) were pending for many decades, and we had been making every attempt to nab him. Acting to a tip-off and evaluation of their phone data records of those accused along with his loved ones, we caught him two days back,” said Reddy.
Over the Course for 13 Decades, fraudster Captured in Telangana
