An interesting case of ‘white collar crime’ was busted by the Pune police’s crime branch (unit II) at the start of the new year, after they managed to corner a young MBA graduate who was going around robbing foreign exchange (forex) agents.
On January 1 this year, city police got accused Rahul Kiran Gatiya (31), a resident of
His modus operandi allegedly involved soliciting US dollars from unsuspecting forex company agents, then robbing then by spraying some unknown substance into their eyes to incapacitate them.
In November last year, various forex company employees in the
Meanwhile, two similar crimes had taken place in Hyderabad, where an arrest had also been made. Hearing this, a squad of the investigating team from here travelled to the
The accused, who has studied a Master of Business Administration in finance, used to previously run a business selling electronic goods to online companies. However, he told police that he faced losses in this venture as he had taken heavy loans to set it up. In January last year, his marriage dates were decided, so he was trying to repay his loan and arrange money for the wedding, he claimed.
The next cities on his target list, said cops, were
The accused came to the city and booked a service apartment under a fake name, then began calling forex agents around town and asking for US dollars. He used a mask to cover his face to prevent being caught on camera
DCP Bachchan Singh