MUMBAI, June 6 -- The Dindoshi police have booked a construction company and two people for allegedly cheating a construction businessman of Rs.5.97 crore by luring him into investing in a redevelopment project in Malad East and promising him 11 flats. The case has been transferred to the Economic Offences Wing of the Mumbai police (EOW), a specialised unit that investigates financial crimes. The duped businessman, Vipul Narsi Bhavani, 46, a resident of Upper Govind Nagar, Malad East, complained to the police that in 2015 he was approached by the Padmavati Maitri Corporation's Apurva Paresh Shah and another unknown person. Bhavani told the police that Shah and his accomplice had initiated a redevelopment project under the name of Maitri Gaurav Co-operative Housing Society at Pahadi Village in Malad East. He added that they got him to invest Rs.11 crore in the project and promised him 12 flats and a return on his investment. Bhavani paid the sum on April 12, 2019, but claimed that the accused used the money for their personal gain. A police officer from Dindoshi police said, "The accused failed to complete the construction of the flats promised to Bhavani, and without his consent, they sold some of those flats to others and misappropriated the profit." Bhavani filed a complaint on Wednesday and the police registered a case under sections 318 (4) (cheating), 316 (2) (criminal breach of trust), 316 (5) (criminal breach of trust by a banker, merchant, factor, broker, attorney or agent), 61(2) (criminal conspiracy) and 3 (5) (common intention) of the BNS. Police are checking the agreement documents and the transaction history to verify Bhavani's allegations. They said the investigation is being handed to the EOW....