Mumbai Real Estate Scam: Man Arrested for Duping Developer of ₹4 Crore & 3.5Kg Gold
A 72-year-old real estate developer was duped of ₹4 crore and 3.5kg gold by a wanted real estate agent, who promised him a vacant plot in Worli for development.
Real Estate ScamMumbaiWorli PoliceDhirendra Chandrakant ShuklaKailash Kedar Nath AgarwalReal EstateSep 12, 2024
Agarwal was approached by Shukla in 2023, who showcased properties in the Worli Sea Face and Harkness Road areas and offered to assist him in acquiring and developing them. Agarwal liked one of the properties, located on RG Thadani Road, Worli Estate, Scheme No 58, and Shukla claimed to have a close relationship with the property's owner and presented some documents, promising to arrange a meeting to finalise the deal.
Shukla valued the property at ₹150-160 crore and requested advance money. Agarwal gave 3.5 kg gold as an advance payment to him. Two months later, Shukla claimed that the property owner was leaving the country and needed the money urgently. He assured Agarwal that a meeting with the owner would be arranged soon. Trusting Shukla, Agarwal transferred ₹2 crore.
However, Shukla subsequently became unresponsive, avoiding Agarwal’s calls. Realizing he had been scammed, Agarwal filed a police complaint in 2023. Following the complaint, the police registered a fraud case against Shukla. Three days ago, Shukla was arrested by the Worli police from Odisha.
The Worli police have been cracking down on real estate scams in the area, and this arrest is a major breakthrough in their efforts.The Worli police are a part of the Mumbai Police Department, which is responsible for maintaining law and order in the city of Mumbai.
Frequently Asked Questions
What was the amount of money and gold involved in the scam?
The scam involved ₹4 crore and 3.5kg gold.
Who was the person arrested in connection with the scam?
Dhirendra Chandrakant Shukla, a wanted real estate agent, was arrested from Odisha.
What was the promise made by Shukla to the victim?
Shukla promised to arrange a meeting with the property owner and finalise the deal.
When did the victim file a police complaint?
The victim filed a police complaint in 2023.
What was the outcome of the police investigation?
The police registered a fraud case against Shukla and arrested him from Odisha.
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