Mangaluru Fraudster Rohan Saldanha Arrested in Rs 500 Crore Loan Scam, Secret Mansion Uncovered

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In a late-night raid, Mangaluru police arrested Rohan Saldanha from Jepinamogaru, accused of duping crores through fake loans and land deals. Hidden chambers, luxury, and secrets unravel a cinematic scam.

Published on 18 Jul 2025
By Shylesh

In a chilling midnight sweep, the Mangaluru City Police unearthed a tale that sounds more like a suspense thriller than real life. Rohan Saldanha, a man cloaked in charm and deception, was arrested from his opulent Jepinamogaru residence—a house that concealed secrets as lavishly as it displayed wealth.

Led by City Police Commissioner Sudheer Kumar Reddy and ACP Ravish Nayak, the operation struck at the heart of a sprawling fraud syndicate. Saldanha is accused of orchestrating a high-stakes con—duping prominent businessmen out of crores by dangling the illusion of multi-hundred crore business loans and premium land deals.

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With a silver tongue and polished manners, he promised dreams of Rs 500 crore business loans and elite real estate access. The price? Advance payments between ₹50 lakh and ₹4 crore for paperwork, stamp duties, or processing. But once the funds were transferred, Saldanha vanished like a ghost—calls unanswered, trails cold.

And then came the shocker.


A House Like a Mirage: Where Wealth Met Witchcraft

What greeted police inside the mansion was not just wealth—but wizardry. Hidden behind gold-flecked walls and Persian tapestries were:

It was no ordinary home. It was a stage set for illusion—a space built to impress, then evade. He reportedly used secret passages to dodge confrontations with victims seeking answers. All watched from his private control room.


The Web He Wove

In just three months, over ₹40 crore passed through a single account. But investigators believe this is only the tip of the iceberg. Victims, ashamed or unaware, may still be out there. Some were lured by staged visits to palatial properties, convinced by legal paperwork, dressed-up meetings, and influential name-drops.

Each transaction was calculated. Every lie polished. And every disappearance perfectly timed.


The Road Ahead

Authorities have registered a formal FIR and begun the laborious task of tracing funds, tracking victims, and mapping the true extent of this financial illusion. Early signs point to potential links with money laundering, offshore dealings, and even international financial fraud.

“This isn’t just a scam—it’s a shadow empire built on illusion,” an officer remarked. “From champagne to escape tunnels, every detail was engineered to deceive.”

Police urge anyone who has dealt with Rohan Saldanha under similar pretenses to step forward. The investigation may yet unearth a darker, deeper conspiracy lying beneath the marble floors and velvet curtains of his deceptive mansion.

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