On 13.02.2020, three office bearers of Revanta Multi State CGHS Ltd were arrested by the EOW in a case involving cheating of innocent home buyers under the garb of Land Pooling Policy of DDA.
A total amount of approx. Rs. 400 Crores was collected from 3997 investors in the name of providing housing under Land Pooling Policy of DDA in L Zone, Dwarka.
Lands were purchased at very high rates i.e. up to Rs. 10 Crores per acre against the circle rate of Rs. 53 lacs only.
Land Facilitation Agencies were incorporated and direct deals of land with farmers were avoided to siphon off the funds to the tune of approx. Rs 115 Crores.
DDA has not issued any license or approval to any such Society and no one is authorized to advertize/Market/book/sell/invite persons to purchase any plot/flat in any project under the land pooling area without any prior registration of the project under RERA.
16 more such criminal cases are registered against various builders/societies with regard to cheating of innocent public persons in the name of Land Pooling Policy.
A Corporate Fraud worth Rs. 2397 Cr related to M/s Religare Enterprises Ltd was unearthed by EOW with the arrest of Malvinder Mohan Singh and Shivinder Mohan Singh.
Public Money to the tune of Rs. 1260 Crores were diverted to their principal holding company namely M/s RHC Holdings Pvt. Ltd.
All the five accused persons are presently in judicial custody.
Sanjeev Kumar who duped innocent persons on the pretext of investing in lucky draw schemes and committees in the name of ‘Shri Sai Group of Finance and cheated Rs. 1 Cr from 27 persons.
Ms. Priya Arora has cheated Rs. 4 Crores from 14 gullible persons on the pretext of doubling their money by investing in the share market.
Bhim Arora has duped 19 persons of Rs. 3 Crores by enticing the complainants to invest/deposit the money in his Multicity Chit Fund Scheme.
Prince Rana has duped 200 gullible investors of Rs. 96 Lacs through his company M/s Indus Weir Industries Ltd.
Bharat Kumar Roy was arrested, who through his two Chit-fund companies Weired Infrastructure Pvt. Ltd. and Weired Industries Ltd. duped 8.5 Crores from 82 innocents investors on the pretext of investment.
A gang of cheat namely Raju Sharma, Abhishek Sharma, Rahul Kumar, Raj Kumar Gonde, Shiv Kumar, Kishor Kumar Bhardwaj, Vicky Yadav and Nishant was busted by EOW who duped the senior citizens to the tune of Rs. 6 Crores on the pretext of insurance policy fraud.
| Name of Builders | ||
| M/s Amrapali Builder | Name of Builder | M/s Sunworld Residency |
| M/s Unitech Ltd. | M/s Vigneshwara Developers | M/s Subhkamna Buildwell |
| M/s Earth Infrastructure | M/s Three C Universal Developers. | M/s Om Krishna Developers |
| M/s ERA Landmarks Ltd | M/s Wave Group | |
| M/s Shubkamna Buildwell. | M/s Big Bull Infrastructure. | |
| M/s Jaipuria Buildcon | M/s Unnati Fortune Holdings | |
Public Financial Management System fraud case of Ministry of Health & Family Welfare, Govt. of India was solved with the arrest of four accused persons who have fraudulently transferred Rs 3.86 Crors.
With the arrest of 4 persons, EOW solved the case wherein alleged persons were collecting money from general public on the pretext of allotment of houses under the Pradhan MANTRI AAWAS YOJNA .
A School Inspector (General), DDO, Education Department, Narela Zone was arrested who embezzled Rs. 3.82 Crores from account and Child Welfare Funds. Rs. 1.50 Crores was recovered from the beneficiary of cheated amount.
A Total number of 2,05,062 gullible investors have been cheated on the pretext of 20% assured returns on the principal amount and amount was promised to be double in only six months.
Total amount involved in this case 494 Crores (approx.).
Ulhas Prabhakar Khaire @ Lokeshwar Dev, Rakesh J. Urs@ Naresh Khaire, Nitin Bihari and Priyanka Dev were arrested and role of other 20 persons including an IRS officers is being probed
Total property worth 100 crores seized.
A gang of six persons have been busted by sleuths of EOW who duped public by promising them to sell jewellery on installments although no jewellery was given to investors.
The complainants were also promised commission for bringing more members to the schemes.
A total number of 150 complaints have been received in EOW .
A recovery of Rs. 10-15 Crores have been made in this case.
In the case against M/s Earth Infrastructure Ltd involving 1293 victims, 04 directors have been arrested and assets worth Rs. 325 crores identified :
117 Bank Accounts of the company have been frozen
Embargo imposed on 214 acres of lands
07 Luxury vehicles worth crores of rupees seized
20 cases have been registered against the directors of company.
The company through its directors cheated the general public on the pretext of investment in their residential /commercial project in Gurugram, Haryana.
408 Crores is the cheated amount in these cases.
700 victims are involved.
Directors namely Sanjay Chandra & Ajay Chandra have been arrested.
Representatives of M/s Asian paints, Santa Cruz, Mumbai lodged a complaint alleging that unknown persons are infringing the company Trade Mark Right and Copyright in area of Rohini districts, New Delhi.
On specific information raids were conducted at two different places in Delhi and huge quantities of counterfeit paints/products of the company were recovered.
Shop owner/premises owner were arrested and charge sheeted.
Similar actions have also been taken against person who were involved in making counterfeit products of prestigious companies like M/s Sony Corporation, M/S Relaxo Footwear, M/s Bajaj Auto Ltd. M/s Canon, M/s PUMA, M/s MRF, M/s Johnson and Johnson, M/s Havell Electricals etc.
With the arrest of one person, major case of bank fraud has been solved by EOW in which the consortium of banks i.e. State Bank of Hyderabad, Nehru Place, State Bank of Travancore, Parliament Street and State Bank of Patiala, Manesar, suffered wrongful loss to the tune of Rs.35.60 crores.
The modus operandi of the accused was to take loan facility from the consortium of banks and eventually availed the cash credit facility.
The said cash credit facility was diverted to different accounts and money was routed and re-routed in various bank accounts.
In this manner the money was eventually siphoned off in the form of cash withdrawals.
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