75-year-old doctor cheated of Rs 6.7 crore in real estate scam; Two booked
Mumbai- In a recent case of fraud and forgery, a 75-year-old doctor in Mumbai was allegedly defrauded of Rs 6.7 crore in a real estate partnership. Following this, the Economic Offences Wing (EOW), in coordination with the Malabar Hill Police, has booked two developers and has taken over the investigation.
According to reports, the accused have been identified as Hiten Seth and Milan Seth. They are accused of financial irregularities, including the concealment of records and discrepancies in capital-related disclosures.
According to the TOI media news report, the victim alleged that he had invested in several real estate projects with the accused.
In 2010, the partners established 'Liberty Realty and Developers' to launch construction projects in Uttan and Mira-Bhayandar. Irregularities came to light around 2017, when a forensic review revealed discrepancies in the financial records.
However, an agreement was made on June 6, 2022, to resolve disputes related to investments. Under this agreement, the accused allegedly promised to pay ₹6.7 crore within 30 months, but no payment was made.
Subsequently, the victim filed a complaint with the police. Currently, the matter is under investigation.
Medical Dialogues had recently reported that in a case of cyber fraud, a 75-year-old retired government doctor in Lucknow was allegedly digitally arrested and duped of Rs 1.55 crore after scammers posed as law enforcement officials.
A retired officer from the state health services received a call on April 11 from a person claiming to be an inspector from the police headquarters. The caller alleged that her Aadhaar number had been used in illegal and terrorist activities. The fraudsters further pressured her by posing as officials from agencies like the National Investigation Agency (NIA) and ATS, warning her of serious consequences.
Also Read: Retired Doctor Falls Victim to Rs 1.55 Crore Cyber Fraud in Lucknow
