Friday, October 11, 2019

High Court confirms conviction in ₹3.72 crore heist

Judges says modus operandi appears to have been inspired by a movie

11/10/2019, LEGAL CORRESPONDENT,CHENNAI

The Madras High Court has confirmed the conviction and sentence imposed on 14 individuals involved in the sensational 2008 heist of ₹3.72 crore belonging to popular retail chain Mangal and Mangal and observed that the modus operandi for the crime appeared to have been lifted from Peter Colinson’s movie The Italian Job.

Justice P.N. Prakash seriously wondered whether the convicts had watched the movie before executing the crime. He said as per the prosecution case, the retail giant, a partnership firm, was into the business of selling home appliances, furniture and jewellery. It had its head office in Chennai and branch office in Tiruchi.

On August 10, 2008, the firm had transported some home appliances from Tiruchi to Chennai. In the same truck, it transported ₹3.72 crore in four cartons for purchasing gold.

The convicts posed as government officials and questioned the transporters for carrying huge amount of cash without documents.

Some of the convicts made the firm’s employees get into the closed goods compartment and locked them up from outside. A few others got into the driver’s cabin and drove the vehicle to a secluded place before dumping the vehicle and took away the cash.

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