New Delhi: The Financial Offenses Wing of the Delhi Police has arrested a 40-year-old builder who allegedly duped 31 folks of over Rs 10 crore after reserving them for studios and retailers in an actual property venture in Haryana’s Rewari. given, officers mentioned on Tuesday. The accused Deepak Gusain, a resident of Ghaziabad, Uttar Pradesh, had absconded and a glance out round was issued in opposition to him.
Based on the police, Gusain had marketed for reserving flats and retailers in the actual property venture of his firm Asian Builders Pvt Ltd. Ltd., in Rewari in 2012.
Patrons made bookings and common funds, however development was halted in April 2014.
Police mentioned the corporate had misrepresented details in regards to the venture to the general public at massive and prompted them to put money into it, although the plots had been allotted land just for residential models for the corporate’s workers. The aim was allotted, the police mentioned.
The builder additionally assured the buyers of time sure possession inside 27 months however the development was stopped and the accused couldn’t be traced.
Deputy Commissioner of Police (Financial Offenses Wing) MI Haider mentioned, “After analyzing the account of the alleged firm, it was discovered that the house patrons’ cash was despatched to totally different accounts.”
The Haryana State Industrial and Infrastructure Improvement Company (HSIIDC) knowledgeable that the land was allotted for the development of residential models just for the staff of the corporate, the police official mentioned. “The development of the venture was stopped and no possession was given to the complainants,” Haider mentioned.
Police mentioned Gusain was absconding and was altering his whereabouts. He was not becoming a member of the investigation and his look out round was opened. A non-bailable warrant was obtained in opposition to him however he was evading his arrest. Subsequently, he was declared a declared particular person by a Delhi court docket.
He mentioned, “On August 9, data was obtained that Gusain can be visiting Tilak Nagar space. With the assistance of technical help, the accused was nabbed close to a dental clinic close to Tilak Nagar metro station at 5 pm after coordinated efforts of the sphere workforce. ” Advised.
Gusain is a put up graduate in commerce. Police mentioned three different related instances are already registered in opposition to the corporate and its administrators, with additional investigations underway.