Real estate firm booked for Rs.5 crore fraud
LUCKNOW, July 24 -- A real estate company here was booked for fraud after one of its officials was accused of cheating two potential buyers out of a sum of over Rs 5 crore, police here said on Tuesday. The company official, Santosh Kumar, took money from the two women under the guise of investment in plots, they added. The police action came after a court's orders.
According to complainant Panamti Devi, who hails from Gopalganj in Bihar, the company has offices in Milkipur of Ayodhya and Vipul Khand in Lucknow.
Devi, her relatives and acquaintances invested Rs 2.50 crore in several schemes told to them by the company. Panamti later also booked a land parcel for Rs 3.36 lakh. Neither did she receive any profit for her investments, nor did she get the possession of the plot. When she asked the company to return her investments, she was allegedly abused, threatened and driven away by the company officials.
Similarly, Santosh Kumar allegedly took Rs 2.53 crore from Radha Devi of Deoria and her relatives in return for investment in a plot and other schemes.
According to inspector Brijesh Chand Tiwari, an investigation in the case was going on. "Action will be taken based on the evidence," he said. HTC...
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