Man held for duping homebuyers and investors of Rs 4.35 crore
New Delhi: The Delhi Police Economic Offences Wing arrested a man in a case related to cheating investors to the tune of approx. Rs 4.35 crores.
The Delhi Police said that the accused with their agents lured people that they had acquired 30 acres land and enrolled 700 members for membership of flats near Bakhtawarpur in Delhi.
Additional Commissioner of Police (EOW) Suvashis Choudhary confirmed the arrest. "We have arrested Jitender Saini in the case," said additional CP.
The investigating agency said that in the year 2016, a case under sections 406/420/120B of IPC was registered on the complaint of RN Govil at Subhash Place police station.
Police said that later the case was transferred to EOW pursuant to PHQ order. The complainant had alleged that the officials of a welfare society including Saini along with the agents allured that they had acquired 30 acres land and enrolled 700 members for membership of flats near Bakhtawarpur in Delhi.
"The complainant was also assured of membership and share certificates. Believing the accused, the complainant along with his family members booked 4 flats and paid approx. Rs. 34 lakhs," police said.
Similarly, 47 more victims (investors) also filed complaints alleging the same allegations.
Thus the accused have cheated them to the tune of approx. Rs. 4.35 Crores.
Engineer files complaint:
An executive engineer had filed a complaint against a proprietor in a cheating case.
According to the case filed with EOW, the suspect through forgery procured tenders/work orders.
"It is to inform that it has also come to notice that during the investigation that the suspect had provided the fake sales tax and fake sales tax return acknowledgement for the year 2008," complainant told
According to police, the complainant is executive engineer, PWD, Health Maintenance Division (Central) Delhi based hospital.
The documents further read that the enquiry conducted has substantiated that the allegations of the complainant wherein the alleged obtained tender on the basis of the forged officer orders.
Police have registered a case under sections 420 (Cheating and dishonestly inducing delivery of property), 468 (Forgery for purpose of cheating), 471 (Using as genuine a forged 1[document or electronic record) and 120 B ( Punishment of criminal conspiracy) with EOW.
Another case has been filed a case against Noida bases construction company.