Friday, Mar 29 2024 | Time 15:52 Hrs(IST)
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States » West


Two property dealers on police net for cheating investors

Thane, Jan 7 (UNI) The city police on Monday arrested two property dealers on the alleged charges of cheating sixteen people by exacting Rs 47 lakh on the pretext of selling land plots to them.
According to the police, a case has been registered under sections 418 and 420 of the IPC against the accused in Rabodi Police Station.
Thane Police Public Relations Officer (PRO) Sukhada Narkar said that the accused--Madhukar Padwal and Santosh Padwal--the directors of VMC Developers & Realtors collected Rs 47 lakhs in total, from the buyers who booked plots under the VMC-advertised project 'Vihang City' located at Sahapur of this district.
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