Rohan Saldanha, a high-profile conman from Mangaluru, was arrested in a dramatic midnight operation, exposing a web of deception involving fake business loans and luxury real estate scams.
ConmanMangaluruFinancial FraudReal Estate ScamsRohan SaldanhaReal EstateJul 18, 2025
Rohan Saldanha is a high-profile conman from Mangaluru, Karnataka, who was arrested for a series of elaborate financial frauds involving fake business loans and luxury real estate scams.
Saldanha lured affluent targets from outside Karnataka with promises of business loans of up to ₹500 crore and high-return real estate investment deals, using his lavish bungalow and expensive displays to gain their trust.
The police found secret escape routes, underground chambers, hidden exits, and a state-of-the-art surveillance system in Saldanha's mansion, along with rare plants and an expensive collection of vintage alcohol.
One of Saldanha's bank accounts reportedly recorded transactions of over ₹40 crore in just three months, indicating a scam far bigger in scope than initially believed.
The Mangaluru Police are now investigating the source of Saldanha’s wealth, possible money laundering activities, and any connections to broader financial crime networks, suspecting that the scam may have impacted dozens of victims across multiple states.
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