Vashi builder duped of Rs.1.47 crore in fake land deals
NAVI MUMBAI, Oct. 15 -- As many as 25 individuals were booked on Monday for allegedly defrauding a builder to the tune of Rs.1.47 crore in a fraudulent land deal involving three plots in Ulwe.
According to the police, the builder signed an agreement with the accused several years ago, for purchasing three plots in Ulwe. The accused allegedly told the builder that the plots were on sale and accepted payments in installments over the years, said the investigating officer of the case. Even after receiving the total payment of Rs.1.47 crore, the accused did not transfer ownership of the plots to the builder.
Following this, in March this year, the builder checked the ownership records of the plots and learnt that they were registered on someone else's name. Realising that he had been cheated, he approached the police and, after the due verification, the police registered a case on Monday against 25 individuals, residents of Ulwe, Targhar, and nearby localities, for cheating the builder and duping him of Rs.1.47 crore....
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