Mumbai Police Crack Down on Real Estate Scam: 2 Arrested for Duping 40 Homebuyers
Nehru Nagar police arrest two individuals, including a fake real estate agent, for allegedly scamming 40 homebuyers in Mumbai.
MumbaiReal Estate ScamHomebuyersPolice ArrestFake AgentReal Estate MumbaiAug 16, 2024
According to the police, Sharma posed as a real estate agent and promised to provide affordable housing to the victims. He allegedly collected lakhs of rupees from the homebuyers, promising them a flat in a building that was never constructed. Shetty, on the other hand, was allegedly involved in creating fake documents and agreements to convince the victims.
The police have recovered several documents, including fake agreements, receipts, and identity proofs, from the accused. The victims have been identified as residents of Mumbai and its surrounding areas, who were lured by the promise of affordable housing.
The Nehru Nagar police have registered a case under sections 420 (cheating) and 406 (criminal breach of trust) of the Indian Penal Code (IPC) against the accused. The police are investigating the matter further and are trying to identify more victims.
Frequently Asked Questions
How many homebuyers were allegedly defrauded by the accused?
At least 40 homebuyers were allegedly defrauded by the accused.
What is the name of the act introduced by the Maharashtra government to regulate the real estate sector?
The Real Estate (Regulation and Development) Act, 2016
What is the advice given by the police to homebuyers to avoid real estate scams?
The police have advised homebuyers to verify the credentials of the builder or agent before making any payment and to report any suspicious activity to the police.
How can homebuyers report any complaints or suspicious activity to the police?
Homebuyers can report any complaints or suspicious activity to the police by calling the helpline set up by the Nehru Nagar police.
What is the punishment for the accused under the IPC?
The accused have been charged under sections 420 (cheating) and 406 (criminal breach of trust) of the IPC, which can lead to imprisonment and fine.
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