After two years on the run and changing around a dozen SIM cards, a 51-year-old developer was arrested on Wednesday from Andheri area by the city economic offences wing (EOW) police, where he was staying in a rented flat. The accused, who is embroiled in five cases, had offered flats in the saleable portion of […]
Developer held in cheating nearly 80 flat buyers in Mumbai.more
The Economic Offenses Wing of Mumbai Police On Friday, in a Metropolitan magistrate court, filed a 32,000-page charge sheet against five persons at multi-crore Punjab and Maharashtra Cooperative (PMC) Bank scam. The charge sheet has been marked by Joy Thomas, former director of the bank, Waryam Singh, former chairman, Surjit Singh Arora former director of […]
EOW filed 32,000- page charge sheet against the promoters of HDIL and others.more
To assist depositors who placed their money in the safekeeping of now-jailed DS Kulkarni developer, officials of the Economic Offences Wing (EOW) of Pune Police will request the tribunal to allow the sale of 143 builders’ properties, all of which don’t have any litigation against them. “If it is approved by the court, these properties […]
EOW request sale of 143 properties of DS Kulkarni developer to recover depositor’s money.more
On 18 October 2019, the Supreme Court refused to entertain a plea filed on behalf of scam-hit bank account holders Punjab and Maharashtra Cooperative (PMC), seeking to lift restrictions imposed on cash withdrawals by the Reserve Bank of India (RBI). The petitioner Bejon Kumar Mishra told the lawyer Shashank Sudhi to file his petition on […]
Supreme Court rejects depositors’ plea for increasing withdrawals limit on PMC bank.more By Abhay Shah, Realty Quarter The Economic Offences Wing (EOW) has brought an action against the office bearers of a private company which has reportedly duped a sum amount of Rs 53 crore of more than 310 investors. One of these investors from Ghatkopar came to Parksite Police on July 11, for lodging a complaint […]
Investigation for Rs 53 crore scam for 310 investors is underway said EOW.more
By Abhay Shah, Realty Quarter The High Court of Bombay ordered developers, Fatesh Mirchandani and Shrenik Siroya, director of Siroya FM Constructions based in Goregaon, to deposit Rs 4.25 crore in 4 weeks and to divulge the assets of the company within 3 weeks. In association with the reinstatement of his investment of Rs 4.25 crore […]
Siroya FM Constructions are ordered to deposit Rs 4.25 crore within 4 weeks – Bombay High Court.more