Real estate scam
Another real estate scam has been busted by The Faridabad police. Kabul Chawla, the managing director of the real estate company BPTP Ltd has been booked under cheating, fraud and criminal conspiracy. Rohit and Mamta Kapoor had registered an FIR with the Faridabad police stating that they had booked two plots in A block, Sector [...] Continue Reading »
Two accused in Adarsh Society scam were granted bail by the CBI special court. Those two accused had been in custody since their arrest on April 3, had filed their bail applications on Monday. In the bail application the lawyer has said that all the offenses are punishable for less than 10 years and therefore [...] Continue Reading »
The Comptroller and Auditor General (CAG) has revealed the scenario of the real estate sector in Mumbai. In a report (yet to be tabled in the Maharashtra assembly), CAG demonstrate how the MLAs submits fraudulent affidavits and income certificate to prove that they are from lower income group, and manage to acquire properties with very [...] Continue Reading »
Promoters of Apple A Day Properties, Kochi-based real estate company and money-chain fraudsters duped around Rs 1,000 Crore. Kerala Police said they are investigating a multi-city investment scam involving real estate developers and money-chain fraudsters that could have left lakhs of victims in the state and abroad poorer by upto Rs 1,000 crore. “Apple A [...] Continue Reading »
