Mangaluru: In a major breakthrough, city police have apprehended Roshan Saldanha, the mastermind behind a massive multi-city fraud racket worth over ₹200 crore, operating for more than a decade.
Acting on two cyber fraud cases filed at the CEN police station, over 20 cybercrime units across the country coordinated a midnight raid on Thursday. The accused, nicknamed “Dubais Roshan” for his extravagant lifestyle, was arrested from a luxurious mansion in Jappinamogaru, where he had been evading authorities.
Roshan’s elaborate setup included a home bar stocked with foreign liquor, lavish interiors, gold statues, and even Malaysian women to entertain high-profile clients. He lured wealthy businessmen from across India with promises of Rs 100 crore loans at 3–4% interest, demanding advance payments of Rs 4 crore for processing via stamp papers. Once money changed hands, he vanished—cutting contact and switching off his phone.
To guard his hideout, he had installed a 10-foot-high remote-controlled gate and CCTV surveillance. When police arrived, he refused to open the gate. Officers had to scale the gate, break into the glass-walled chamber, and arrest him while he was partying with a Malaysian woman. An accomplice tried to flee but was chased down.
Initial investigations reveal Rs 40 crore across his bank accounts, and alleged investments of Rs 5–10 crore in a boat business on the Netravati River. His properties and shady businesses were registered under the brand name “Dubais.”
Thanks to the swift orders of Police Commissioner Sudhir Reddy, the long-elusive scammer was finally brought to justice.