The Economic Offences Wing (EOW) of Delhi Police has arrested two men who convinced people to invest money in their upcoming project in Bahadurgarh, Haryana but failed to allot the land to the victims.
The accused persons identified as Vijender Singh (52) and his associate Dalip Kumar (46), were arrested by the Economic Offences Wing of the Delhi Police on Thursday.
Police said that Singh, a retired Indian Air Force employee started working as a property dealer along with Kumar who was already in the real estate business.
According to Dr O P Mishra, the Joint Commissioner of Police, EOW, in 2015, the accused invited people to invest in an upcoming project Ganga City Colony through their firm Ganga Associates based in Dwarka.
“After taking the amount from victims, neither did they hand over the possession of booked plots nor return the amount to the victims. The other directors in the company -- Ajay Kumar and Hemraj -- have already been arrested earlier in the case,” said the Joint CP.
“The complainants alleged that the directors of Ganga Associates offered to sell plots in their upcoming project at Gubhana Kheri and assured them that all necessary approvals had been obtained from the authorities. Believing them, 24 people paid approximately Rs 50 lakhs to the accused,” said the Joint CP.
“Later, it emerged that the accused had not obtained the approvals for the project. A case was registered against the directors of the company in 2018 and investigation was taken up by the EOW,” he said.
“Investigations revealed that Singh and Kumar in connivance with other directors lured people to invest money in their project, assuring allotment of plot but they failed to do so. It was also revealed that they did not have any land for the project at Gubhana Kheri. They had no permission from the District Town Planner to develop the project and had concealed the fact that the land in question was cultivable land,” said the Joint CP.