Categories: Coimbatore

President Pancrayat, Associate was arrested again because of cheating

Coimbatore: Crime Branch Branch (CCB) has registered a case against N Panneerselvam, 58, Pachikottai Panchayat village president in Pudukkottai, his colleague Selvakumar Agent Trichy and Loan Kumari from Chennai to deceive coimbatore-based entrepreneurs of Rs 22.5 lakh.
Panneerselvam and Selvakumar were submitted in the Ceimbatore Central Prison because they cheated the head of a private hospital in Coimbatore Rs 2.85 Crore.
The police made a formal arrest in connection with the second case on Wednesday.
K King, 48, Managing Director of Multi City Digital Consortium Pvt Ltd in Pappanacedapalayam here has filed a complaint against Panneerselvam.
The company provides cable TV connections in Coimbatore.
The king and business partner Arjunan decided to expand business and seek loans Rs 50 Crore.
They approached Kumari Chennai to regulate the number.
The woman introduced them to Selvakumar.
Selvakumar introduced them to Panneerselvam, who promised to regulate loans and demanded Rs 22.5 lakh as processing fees.
Occurring above RS 22.5 lakh to Panneerselvam in a hotel in the city of Coimbatore in January.
But Panneerselvam did not manage loans and cheated the king of the code on Monday.
Inspector Ravi and the team made formal arrests on Wednesday.
The police planned to take Paneererselvam under Custody.Dr K Madheswaran, Chair of the Royal Care Hospital in Coimbatore, had approached Panneerselvam to get a loan RS 100 Crore last year.
Madheswaran gave him the cost of processing Crore Rs 2.85, but was cheated.
Based on the chairman’s complaint, the CCB police registered the case and arrested Panneerselvam and Selvakumar on July 14.
“CCB has received as many as 18 complaints against Panneerselvam.
He faces 25 cases of cheating throughout the state.
We take steps to attach Panneerselvam property and family members.
His wife operates two gas stations and has more than 20 hectares of agriculture.
Panneerselvam has brought Some houses were chennai by deceiving people, “said a senior police officer.

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