The economic offences wing (EOW) of the Chandigarh Police has booked a dentist, a resident of Sector 8, for allegedly duping his doctor friend of Rs 2.4 crore on the pretext of setting up hydro electric power projects in Himachal Pradesh.
The accused has been identified as Dr Rajdeep Singh Sandhu, 40, who has been booked by the Sector 3 police under Section 420 of the IPC.
The investigating officer, Sohan Lal, said complainant Dr Amit Singh, a resident of Sector 8, alleged that Dr Rajdeep in 2013 had given him an offer to invest in three hydro projects in Himachal promising big dividends. As per the complaint, Dr Rajdeep claimed that two of the three projects were already running and Dr Amit would start getting profits immediately after investment.
Lal said that Dr Rajdeep allegedly cited a 235-KW project at Dharamshala and promised an earning of Rs 5,675 per day to Dr Amit. Lal said another project Dr Rajdeep cited was in Baijnath, whose cost was Rs 8 crore and promised an earning of Rs 1 lakh per day.
Lal said Dr Amit started giving Dr Rajdeep money from April 2013 for investment and had paid Rs 2.4 crore till the end of 2014. Lal said that the complainant paid in cash as well as transferred money from bank accounts.
Lal said after receiving the money, accused Dr Rajdeep kept dilly-dallying whenever Dr Amit asked him to show the projects.
Lal said the case was registered after an inquiry, during which it was learnt that Dr Rajdeep was one of the partners in Dharamshala project, but there was no mention of Dr Amit. Lal said when summoned, Dr Rajdeep failed to come out with a suitable reply to the allegations against him and was booked for cheating on October 9. No arrest has been made so far as Dr Rajdeep has gone underground.
Lal said that both the complainant and the accused were close friends as they were classmates while pursuing degrees in dental science.