Bhubaneswar: No respite for arrested conman Jyotiranjan Beura alias Golden Baba as the Enforcement Directorate (ED) will probe his financial transactions and criminal links.
Chandrasekharpur Police had arrested the fraudster on December 31 2018 for swindling money from a person in Keonjhar district. However, during the investigation, the police came across his disproportionate assets which were acquired through illegal means.
Earlier, when the Economic Offence Wing (EOW) of Odisha Crime Branch was probing his case some important evidence came to the fore. Not only in Odisha, but the Golden Baba had also spread his tentacles in hi-tech cities like New Delhi, Thane, and Mumbai
He had also swindled money from several companies on the pretext of sanctioning loans from finance companies. The EOW had earlier probed two of his financial fraud, amounting to Rs 12.04 crore and Rs 4.05 crore respectively. He had allegedly taken 12 cheques totaling to Rs 12.04 crore from a mining company with the promise to get a loan of Rs 110 crore sanctioned.
During raid at Golden Baba house, the EOW had seized some documents which revealed that he had signed an agreement to provide financial assistance of Rs 200 crore to a private hospital at Thane in Mumbai, Rs 300 crore to the Engineering Construction Ltd in Hyderabad and Rs 50 crore to the JK Medical System in Bhubaneswar through fake documents. This Apart, he also had an agreement with 4 to 5 companies for which he had collected Rs 100 crore through the post-dated cheques.
The EOW had also had frozen his seven bank accounts having deposits of Rs 51 lakh. A locker containing nearly 1.5 kg gold worth Rs 40 lakh was also seized. He reportedly owned four luxury cars. A total of 19 cases are pending against Beura in various police stations in the state.