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'Helicopter brothers' of Tamil Nadu's Kumbakonam fly off with Rs 600 crore in get-rich-quick swindle

prasad1

Active member
Two BJP traders’ wing leaders in Tamil Nadu’s Kumbakonam, dubbed the “helicopter brothers”, have been accused of swindling Rs 600 crore after taking money from the town’s people with the promise of doubling it.



The Thanjavur district crime branch has filed an FIR against brothers Mariyur Ramadoss Ganesh and Mariyur Ramadoss Swaminathan and two others under sections 406, 420 and 120(B) of IPC for cheating, breach of trust and criminal conspiracy.

The helicopter brothers Ganesh and Swaminathan, natives of Thiruvarrur, settled in Kumbakonam six years ago and started a dairy business. They were known for living life king-size, and gained their moniker after Ganesh used his helicopter to shower rose petals on his child on the child's first birthday in 2019.

The brothers also operated a financial entity named Victory Finance, and in 2019, registered an aviation company named Arjun Aviation (OPC) Private Limited. In the last few years, they collected money from people with the promise of doubling the sum invested within one year.


Though the duo kept their promise initially, things started going downhill for them with the outbreak of the Covid-19 pandemic. When people who had invested in the scheme asked for their money, the brothers cited loss due to the pandemic and said they needed more time to make good on the investment.

A couple who had invested in the scheme, Jafarullah and Fairaj Bhanu, filed a complaint with Thanjavur SP Deshmukh Sekhar Sanjay, claiming that they had deposited Rs 15 crore in the financial entity owned by the helicopter brothers. The couple never got their money back and were also allegedly threatened by Ganesh and Swaminathan.


 
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