A retired Air Force officer was duped to the tune of Rs8 lakh by a city-based builder. A case of fraud was registered with the MP Nagar police. According to police, Raghvendra Singh Kushwaha had provided around Rs8 lakh to Babban Prasad Verma to invest in a housing project, but Verma neither provided flat nor returned money.
A complaint was lodged with the MP Nagar police and in the complaint, the victim has alleged that on February 10, 2014, he had provided Rs8 lakh to Babban, who is a contractor and offered the victim to invest in a housing project in Sehore and would be provided with 30 per cent partnership in the project and later when the victim checked regarding the project, nothing was found in Sehore area after which a complaint was lodged by the victim.
The offender closed his office at MP Nagar and went missing. The victim was not able to trace the accused and later lodged a complaint with the MP Nagar police. The cheques provided by the accused were dishonoured when the victim presented the cheques as a security of his investment.
The victim is a resident of Raksha Vihar Bairagarh. Complaint was registered in MP Nagar police as the payment was made in RK Tower under MP Nagar police station area by the victim. The police have registered a case under section 420 of the IPC and have started further investigation.