Bhopal, Madhya Pradesh: The Bhopal court has sentenced land mafia Ramakant Vijayvargiya, accused of money laundering, to 5 years jail term. Along with this, he has been punished with a fine of 50 thousand rupees. Prosecution lawyer Sabir Siddiqui claimed that this is the first conviction under Money Laundering Act in Madhya Pradesh, Chhattisgarh, and Gujarat and the Country’s 24th punishment.
Advocate Siddiqui told that ED had registered a case against land mafia Ramakant Vijayvargiya on May 15, 2011, under Section-3,4, 70 of the Money Laundering Act. He was convicted of cheating of Rs 16 crore. On Wednesday, the court of special judge Dharmendra Tanda pronounced the verdict. Vijayvargiya has 74 cases of cheating registered against him. He has cheated 243 people of Rs 107 crore on the pretext of giving them a plot in Panchavati Phase-3 in Bhopal.
His property located in Indore worth Rs 39 lakh has been seized. He has been punished in 6-7 cases. While other cases are pending in the court. Presently he is serving a life sentence in Bhopal Jail. In 2010, the first case of cheating was registered against Ramakant at Kohefija police station. After this, till now 22 cases have been registered against him in this police station.
There are 74 cases registered against Ramakant in Bhopal, and Indore. Along with this, more than 100 applicants have filed a complaint against him in court. Ramakant had changed his appearance to escape from the police. After cheating in Bhopal, he was living as Ramkumar Vyas in a flat located in Vijay Nagar, Indore. He had also changed his appearance by growing a beard and hair. Police caught him two years ago. He was coming to Bhopal from Indore when he was nabbed.