EOW books directors of salons, bank official in cheating case

New Delhi: The Economic and Offences Wing (EOW) of Delhi Police registered a case against directors of beauty salons and officials of private bank for committing fraud.

Additional Commissioner of Police (EOW) Suvashis Choudhary told Millennium Post that they have registered a case and investigation is going on.

Police said that the case was registered on the basis of the complaint of Renu Gupta and Rajat Gupta, who alleged against one Vishal Sharma and others, Directors of Affinity Beauty Salons and officials of IndusInd Bank, for inducement with intention to defraud them to tender their property in Gurugram as collateral security for already sanctioned term loans and cash credit limits of Rs 15 crore.

Police further added that believing their assurances of stringent terms and condition and constant monitoring by bank to ensure timely payment of loan amount , the complainant gave their property as collateral security for the loans and nearly Rs 9.5 crore was released by bank. "After default in payment by Affinity Salons, bank sent notice of SARFAESI Act to take possession of the property, which caused loss to the complainants" police said. A case was registered under sections 420 and 34 of Indian Penal Code (IPC) at EOW police station.

Another case of cheating was registered by EOW on the complaint of one Reeta Khanna. Police said that it is alleged by the complainant that she purchased a property in the sector -49, Sohna Road, Gurugram which measure 500 sqft from one Universal build well pvt ltd by executing the BBA dated February 16, 2005 for the said property upon making a full and final payment of Rs 23.75 lakh.

"On enquiring about the said property complainant Reeta Khanna came to know that a firm was duly operating from the said property without her consent which complainant purchased in 2005," police said. Complainant further alleged that builder in connivance with the firm hatched a conspiracy against her and deprived her of her right of enjoying and using the said property.

"During course of enquiry it has been established that builder cheated the complainant by executing the BBA with her and further execute the sale deed with someone else with different unit number," police said.