A Mumbai court has sent five real estate developers to judicial custody for allegedly defrauding a 64-year-old widow of ₹1 crore.
Real EstateMumbaiFraudJudicial CustodyMaharashtraReal Estate MaharashtraJun 28, 2024
The accused developers are Lachman Sajnani, Anil Sajnani, Dilip Manghnani, Anant Rane, and Vikrant Vaidya.
The amount alleged to have been defrauded is ₹1 crore.
The Maharashtra Protection of Interest of Deposit ors Act is a legislation aimed at protecting the interests of depositors in the state.
The investigation officer accused of colluding with the accused is Sudarshan Gaikwad.
The real estate development company involved in the case is Suchit Developers.
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