Actor and director of Tamil film industry, Srinivasan aka ‘Powerstar’ arrested in Chennai for cheating people for money. He produced films using money made from cheating and conning people.
Srinivasan was arrested in Chennai, and a transit demand was obtained from the local court in Chennai to bring him to Delhi, Additional Commissioner of Police (Economic Offences Wing) Arun Kampani revealed.
A complaint was filed against Srinivasan by a Delhi-based businessman, back in 2013.
The officer told, “In December 2010, Srinivasan took an upfront payment of Rs five crore for purchase of special adhesive stamp from the complainant promising him a loan of Rs 1,000 crore. However, the accused neither arranged the loan nor returned the money."
During the investigation, it was found that the ‘Powerstar’ was arrested in June 2013, as well.
"But Srinivasan who got interim bail granted in September 2013 jumped it. He was later declared 'Proclaimed Offender' in April 2015," Kampani said.
"The accsued used the money in film production," said the officer.
Srinivasan is an Accupuncture doctor by profession. He acted in nearly 12 Tamil films and did cameos in a few films as well.
"The accused is involved in eight cases of cheating and criminal intimidation registered against, him and being investigated in Delhi and Central Crime Branch in Chennai," said Kampani.
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