DSK, wife booked for cheating in Pune
The case was filed by Jitendra Narayan Mulekar (65), a resident Kothrud, who alleged that the company run by the two duped him for Rs.4,40,647 starting February 2 this year.pune Updated: Nov 01, 2017 15:31 IST
Deepak Sakharam Kulkarni (68), and his wife Hemanti Deepak Kulkarni of the DSK Group, were booked for cheating and criminal breach of trust at Shivajinagar police station at 8.40 pm on Saturday night. The case was filed by Jitendra Narayan Mulekar (65), a resident Kothrud, who alleged that the company run by the two duped him for Rs.4,40,647 starting February 2 this year.
The Kulkarni couple was booked under sections 420 (cheating and dishonestly inducing delivery of property), 406 (criminal breach of trust) and 34 (common intention) of Indian Penal Code (IPC) and sections 3 and 4 of Maharashtra Protection of Interest of Depositors (MPID) Act.
Mulekar claimed that he had invested in a fixed deposit scheme with the company and the company has not only failed to pay him the promised interest, but also failed to return the deposit amount at the end of the time period of the fixed deposit. While Mulekar’s case got registered, his is not the only complaint against the DSK group.
Around 160 depositors approached the Shivajinagar police station in August and demanded seizure of Kulkarni’s passport and travel documents to pre-empt the possibility of him flying abroad while seeking FIR against the developer for the alleged “mass cheating”.
“We have seen examples in the past about corporate FDs not being paid back to investors and the company CEOs disappearing from India to escape the Indian legal system. We do not want to repeat such a situation in the case of Mr and Mrs Kulkarni,” the complaint reads.
Senior police inspector Prabhakar Shinde of Shivajinagar police station had said in August that the two parties are advised to sort out their differences mutually. The complainants had alleged that the money was used for development of DSK project in Loni Kalbhor called Dream City, according to the complaint.
However, Mulekar was unavailable to confirm whether the case was filed based on a fresh complaint or the complaint filed collectively by the scorned investors.