Fraud in the UAE by another Indian businessman after Modi's fraudulent friend

Earlier this month, a multi-million dollar fraud case was uncovered in the United Arab Emirates (UAE) by a millionaire friend of Indian Prime Minister Narendra Modi and he fled.

Narendra Modi's close friend Boagatho Raguram (BR) Shetty was accused of expanding his hospitals and other businesses by borrowing billions of dollars from various banks but failing to repay the amount as per the agreement. His assets were frozen in Abu Dhabi and his UK business was subsequently frozen.

BR Shetty is a close friend of the Indian Prime Minister and is said to have assets worth up to Rs 36,000 crore, but he fled the UAE in early May after allegations of fraud and deception against him.

And now another Indian businessman also looted several companies in the UAE and fled back to India.

According to Gulf News, Yogesh Ashok Yariyawa, 36, owner of Royal Luck Foodstuff Trading, a UAE company, bought various items worth at least 6 million dirhams from various companies and businessmen and returned them with fake checks and later in Abu Dhabi. Fled to India.

According to the report, the Indian fraudster also bought goods worth 5 to 1.5 million dirhams from big and well-known companies at the same time and gave them checks a few days later. Has happened

An Indian business fraudster bought face masks, sanitizers, hand gloves and other food items from companies during the days of the Corona virus epidemic. He also bought vegetables, cooking oil, frozen food and other food items from some companies. The companies were given fake back checks a few days later.

Upon learning of the fraud, the companies and businessmen contacted the Indian Embassy in the United Arab Emirates and complained about the fraudster, but the fraudster left Abu Dhabi for India on May 11.

According to Gulf News, at least 40 businessmen and companies looting 6 million dirhams were relocated by the Indian government during a campaign to relocate Corona victims from the UAE to India.

The report said that the fraudster was taken to India along with 170 passengers transferred from UAE to India and was also kept in quarantine in India for 2 weeks.

It is not clear how many links the fraudster had with the Indian government and whether he was transferred exclusively or whether he also committed fraud with the Indian government.