Real Estate
Indian-Origin Couple Arrested for $4 Million Real Estate Fraud in Texas
A glamorous Indian-origin couple, Sidhartha Mukherjee and his wife Sunita, have been arrested in Texas for defrauding 100 investors of $4 million through a fake real estate investment scheme.
Real Estate Pune
Pimpri Police Book Chinchwad Credit Co-Op Director for Defrauding Goa Investors
Pimpri police have registered a case against the director of a cooperative credit society in Chinchwad for duping 12 residents of Goa of Rs 3.72 crore over the past nine years. The accused is charged with criminal breach of trust and cheating.
real estate news
Hyderabad Police Arrest AP Realtor for Rs 8 Crore Investment Fraud
An Andhra Pradesh-based realtor, Gogula Lakshmi Vijaya Kumar, was arrested for defrauding investors in Hyderabad of Rs 8 crore through buyback and pre-launch schemes. Kumar, the director of AV Infracon Private Limited and AV Organo Farms Private Limited, lured investors with false promises of high returns and legal ownership.
Real Estate
Cyberabad Police Nab AV Infra CMD for Rs 8 Crore Real Estate Fraud
Cyberabad Economic Offences Wing arrests Vijay Gogula, CMD of AV Infra, for duping investors with false promises of high returns and land allotments.
Real Estate Maharashtra
Sebi to Auction HBN Dairies' Properties in August 2024: A Step Towards Recovering Illicit Gains
The Securities and Exchange Board of India (Sebi) will auction eight properties of HBN Dairies & Allied Ltd next month for a reserve price of Rs 67.70 crore, aiming to recover money raised through illicit collective investment schemes.
Real Estate Pune
Real Estate Company Lands in Trouble: Bhimashankar Developers Accused of Cheating Investors
Bhimashankar Developers, a Pune-based real estate company, has been accused of defrauding investors with a fraudulent investment scheme.