[ad_1]
Police mentioned the accused bought one flat to a number of consumers and picked up cash from them (Representational)
New Delhi:
The Delhi Police has arrested a 42-year-old man from Maharashtra’s Nashik for allegedly dishonest folks to the tune of practically Rs 1,000 crore on the pretext of promoting them flats in Noida, officers mentioned on Friday.
The accused has been recognized as Piyush Tiwari alias Puneet Bhardwaj, a resident of Uttar Pradesh’s Noida who was presently residing in Nashik, they mentioned.
He was wished in additional than 30 dishonest instances in Delhi, Uttar Pradesh and Punjab. Police had introduced a reward of Rs 50,000 for info resulting in his arrest, they mentioned.
On Sunday, police acquired a tip-off that Tiwari was residing in Nashik. They began following him and caught him on Tuesday, Deputy Commissioner of Police (North) Sagar Singh Kalsi mentioned.
Throughout interrogation, Tiwari disclosed that he began his enterprise as a builder in 2011. He had created round eight firms together with 15-20 shell firms until 2018. In 2016, the Revenue Tax division had raided his home and seized round Rs 120 crore, the police mentioned.
He bought one flat to a number of consumers and picked up cash from them. A number of instances have been registered in opposition to him and he fled to Nashik, they mentioned.
Tiwari initially began an promoting company in Delhi-NCR. Later, he bought the company and invested cash in constructing flats in Noida, the police mentioned.
His spouse was additionally concerned in a number of dishonest instances and is presently lodged in jail, they mentioned.
[ad_2]
Source link
