Two men detained under Goondas Act for financial crimes

CHENNAI The Greater Chennai Police have detained two men, described as “notorious fraudsters,” under the Goondas Act for their alleged involvement in extensive financial crimes, including a recent case where they allegedly cheated a businessman of ₹2 crore. According to the police, the detention orders were issued on October 28 by Chennai Commissioner of Police A. Amalraj based on recommendations from the Entrustment Document Fraud (EDF) Prevention Wing of the Central Crime Branch.

The immediate cause for the action stems from a complaint filed by Manivannan, a businessman residing in Anna Nagar. Manivannan alleged that the main accused, who goes by multiple aliases including Muthuvel, “Lion” Muthuvel, B.M. Chettiyar, and Muthukrishna, of Villivakkam, and an associate, Gurubaran alias Jagan, cheated him.

The suspects had allegedly promised to secure a loan of ₹50 crore for him at a low interest rate. The police said they obtained an advance payment of ₹2 crore, signed blank cheques, and papers from the victim and subsequently threatened him while demanding more funds.