City
Epaper

Housing fraud: Man held for duping over 700 people

By IANS | Updated: August 31, 2019 00:55 IST

A 39-year-old M.Com graduate from Delhi University has been arrested in Kolkata for allegedly duping more than 700 people on the pretext of giving them flats in a co-operative society in Bakhtawar Pur area in Delhi, the police said on Friday.

Open in App

The police said the accused along with his associates had collected money from the people before disappearing. He was on the run since 2016 and was living in Kolkata under a false identity.

The accused has been identified as Jai Prakash Saini, a resident of Dwarka, who was wanted in five cases of cheating, amounting to a sum of Rs 7.21 crore.

"In January 2016, we received a complaint in which the victim had alleged that Saini along with his associates were creating a society named Vedanta Welfare Society in Bakhtawar Pur. The accused through his agents lured people to invest in the society on the pretext of giving them membership of flats. More than 700 people, including the complainant, had booked memberships of the society," said Ajit Kumar Singla, Additional Commissioner of Police (Crime).

The complainant had booked four flats and paid around Rs 34 lakh to Saini. "After collecting the money, Saini and his agents vanished. Similarly, 47 more victims also filed complaints alleging the same modus operandi. Later the case was transferred to the Economic Offences Wing (EOW). Saini had duped people to the tune of Rs 4.35 crore in this case," said Singla.

Further investigation revealed that Saini was invloved in similar duping activities in other parts of the national capital.

The police recently received a tip-off that Saini was living in Kolkata under the false name of Trilok Singh Sindhu. A team was sent to Kolkata which apprehended Saini from his hideout.

( With inputs from IANS )

Tags: kolkataAdditional Commissioner Of Police
Open in App

Related Stories

NationalPahalgam Terror Attack: Indian-Origin TCS Employee Based in Florida Killed While on Holiday in Kashmir; Wife and Son Safe

EntertainmentAhead of Her Mumbai Concert, a Viral Throwback From Shreya Ghoshal’s Kolkata Show Wins the Internet

National"I Killed My Mother": Man Stabs Mom to Death in Kolkata, Sits Beside Body Overnight; Confesses to Tea Vendor, Arrested

NationalKolkata: Man Sends 300+ COD Orders to Ex-Girlfriend’s in Revenge After Breakup Over Expensive Gifts

MumbaiGold Biscuits and Smartphones: The Most Forgotten Items by Mumbaikars in Uber

National Realted Stories

NationalKerala: Pinarayi Vijayan’s daughter responds to ‘false’ news

National15th Rozgar Mela: Appointees celebrate nationwide as PM Modi distributes over 51,000 appointment letters

NationalIndia’s human-centric approach to tech and AI align with PM Modi’s vision: Minister

NationalRozgar Mela 2025: Work honestly, diligently to make India developed, self-reliant nation, say Ministers

NationalNortheastern states should effectively utilise hydro-power potential: Manohar Lal