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Rice-pulling scam: Bengaluru businessman duped of Rs 3.5 crore

The 'rice pulling' scam involves fraudsters marketing a 'rice puller' device made up of copper/iridium that they claim possess magical properties and attract rice grains towards it.

The ‘rice-pulling’ scam has become widespread, and several people have been duped so far. (Representational)

A 34-year-old Bengaluru-based businessman has been cheated by a group of people of Rs 3.5 crore on the pretext of testing a “rice pulling” eqipment, which, they claimed, agencies like NASA were interested in purchasing for astronomical sums.

The ‘rice-pulling’ scam has become widespread, and several people have been duped so far. Police officials told Indianexpress.com that the fraudsters mainly target rich businessman. The scam involves fraudsters marketing a ‘rice puller’ device made up of copper/iridium that they claim possess magical properties and attract rice grains towards it.

The businessman, Syed Saleem, a resident of Gurappanapalya in BG Road, has lodged a cheating complaint with
Tilaknagar police. A case has been registered and police are searching for the accused.

“They said the equipment could be sold to NASA for a higher profit, but need to rent suits and other tools from defence research organisations to test the equipment,” Saleem said in the complaint.

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The accused allegedly asked Rs 3.5 crore from Saleem to rent specially designed anti-radiation suits and other devices from defence research organisations to demonstrate the rice-pulling equipment to him.

Saleem initially deposited nearly Rs 2 crore and gave Rs 1.5 crore in installments. Saleem finally got a whiff that he was duped after the accused stopped taking his calls.

A senior police officer told Indianexpress.com, “We have booked an FIR based on the complaint, we are searching the accused. Without seeing the machine, the victim has believed and deposited the money. We have checked the bank transaction and confirmed that the incident has taken place.”

First published on: 31-10-2019 at 06:40:11 pm
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