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Master conman, who cheated 500 Mumbaikars of Rs 19 crore, set free

<p>Around a fortnight ago, Shekhar Chandrashekhar walked out of jail after being granted bail by a Chennai court. Sleuths are worried that he will vanish without a trace</p>

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Shekhar Chandrashekhar can be likened to Bernie Madoff in the US, who ran a $50 billion ponzi scheme, before being caught in the 2009 meltdown
Shekhar Chandrashekhar can be likened to Bernie Madoff in the US, who ran a $50 billion ponzi scheme, before being caught in the 2009 meltdown

He’s no Bernie Madoff, but conman Shekhar Chandrashekhar cheated nearly 500 Mumbaikars of Rs 19 crore by running ponzi schemes. In April, he even duped the Bombay High Court by attempting to stall a property auction by using his master impersonation skills. And his reward for all the havoc he wreaked? Around a fortnight ago, he walked out of jail after being granted bail by a Sessions court.

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