Property developer Sunil Dahiya held
1 Nov 2014 6:08 AM IST
Months after Gurgaon police booked the managing director of real estate company, Vigneshwara Group, and two of his family members in a multi-crore fraud case duping scores of investors to the tune of Rs 160 crore, Delhi Police Economic Offences Wing (EOW) managed to nab Sunil Dhaiya, one of the directors of Vigneshwara Developers Private Limited.
Dahiya is also wanted by the EOW in three cases which were registered at Mandir Marg Police Station.
‘These cases were registered in connection with two projects launched by Vigneshwara Developers
Pvt Ltd and its group companies at Manesar, Gurgaon and Sector-74, Gurgaon. Approximately 700 investors had invested in these projects. ‘We had received complaints from nearly 350 investors who have been allegedly cheated to the tune of Rs 160 crores by the directors of the accused company,’ said Deputy Commissioner of Police (EOW) Mangesh Kashyap.
Dahiya was avoiding his arrest for quite some time and was staying at various five star hotels in the city to avoid being tracked.
Police had got specific information on Thursday that Dahiya will be visiting Sunder Nagar in Delhi following which a trap was laid by a police team.
‘As soon as he arrived in a chauffeur driven BMW car, he was apprehended. We have recovered eight mobile phones, one I-pod, one laptop; various credit/debit cards and other documents from him and his car. The car in which the accused was traveling has also been seized. Purchased in 2013, the car is registered in the name of Vigneshwara Developers Pvt Ltd,’ said Kashyap.
‘Despite taking money from around 700 investors for properties in and around Gurgaon in 2006-07, and promising assured returns till possession, the group allegedly didn’t begin construction of some projects and defaulted on payments to investors,’ Kashyap added.
Dahiya is also wanted by the EOW in three cases which were registered at Mandir Marg Police Station.
‘These cases were registered in connection with two projects launched by Vigneshwara Developers
Pvt Ltd and its group companies at Manesar, Gurgaon and Sector-74, Gurgaon. Approximately 700 investors had invested in these projects. ‘We had received complaints from nearly 350 investors who have been allegedly cheated to the tune of Rs 160 crores by the directors of the accused company,’ said Deputy Commissioner of Police (EOW) Mangesh Kashyap.
Dahiya was avoiding his arrest for quite some time and was staying at various five star hotels in the city to avoid being tracked.
Police had got specific information on Thursday that Dahiya will be visiting Sunder Nagar in Delhi following which a trap was laid by a police team.
‘As soon as he arrived in a chauffeur driven BMW car, he was apprehended. We have recovered eight mobile phones, one I-pod, one laptop; various credit/debit cards and other documents from him and his car. The car in which the accused was traveling has also been seized. Purchased in 2013, the car is registered in the name of Vigneshwara Developers Pvt Ltd,’ said Kashyap.
‘Despite taking money from around 700 investors for properties in and around Gurgaon in 2006-07, and promising assured returns till possession, the group allegedly didn’t begin construction of some projects and defaulted on payments to investors,’ Kashyap added.
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