agra the owner of kalpataru group of companies jai kishan singh rana 54 who was wanted in close to 50 chit fund and real estate cases in which he had defrauded people of nearly rs 500 crore died from covid19 complications at a private hospital in mathura on friday night police teams had been looking for him smce 2016 according to officials at the hospital rana was admitted on friday morning and died around 1 am his condition was critical at the time of admission a doctor said he was admitted under the name jk singhmathura ssp guarav grover told toi there are 46 firs registered against rana under section 420 cheating and 406 criminal breach of trust of ipcat one of the police stations farah thana incharge ramesh bhardwaj said rana was absconding for years a reward of rs 15000 had been announced for his arrest in 2018 he was also declared a fugitive and chargesheets in 23 cases were filed in court he was accused of defrauding people through his ponzi investments schemes and promises of allotment of flats police sources said rana had also taken loan from a leading bank and when he could not repay it his bungalow in mathura had been auctioned off besides he had rs 80 crore outstanding towards payment to the income tax department sp crime rs rai said ranas property in mathura was seized after delhis tis hazari court ordered the attachment of his assets in some cases registered there many people invested money in his projects and in return the company promised them land flats ranas network was spread in various states including punjab haryana rajasthan gujarat and up