Mumbai realty agent dupes senior citizen of ₹33 lakh over flat deal

In a case of identity fraud, the victim met one Shrikant Gaikwad, who had the same name as the real home owner

mumbai Updated: Feb 15, 2018 12:03 IST
Hindustan Times
mumbai,cheating,real estate
The real estate agent and the imposter have been booked under multiple sections of the IPC(Representational photo)

When 74-year-old Neena Sadarangani finalised the deal for a flat in Malwani, she did not contemplate the possibility that the Shrikant Gaikwad she met and paid Rs33 lakh to was not the ‘real’ Shrikant Gaikwad, the acutal owner of the flat.

Sadarangani and her two sons went to see the apartment at Shivaji Nagar Complex in Ekta Nagar area, Malwani.

They finalised the deal for the apartment with the real estate agent on January 6.

Following this, the agent arranged a meeting between Sadarangani and one Shrikant Gaikwad, who had the same name as the real owner of the flat.

The woman paid the accused a token amount of Rs5 lakh in cash, and transferred the balance of Rs28 lakh to a private bank account.

Sadarangani approached the police once she realised that she had been duped of Rs33 lakh.

On February 3, the Charkop police registered a case of cheating and forgery against the imposter and the real estate agent.

Investigating officials approached the bank authorities, and learnt that the imposter had used his own photos but the documents of the real flat owner while opening the bank account.

“The photograph on the documents was not of the actual owner but of the impostor. We have booked the agent, Jagjit, and the imposter, Srikant Gaikwad,” said Pramod Dhavare, senior inspector at Charkop police station.

A third accused, Raj Raghuvanshi, who is acquainted with the real owner of the flat has also been booked. The police require his custody to investigate the extent of the fraud.

Raghuvanshi has approached the Dindoshi sessions court for anticipatory bail. He has been in the real estate business for several years and has never been charged with complaints like this in the past, said his lawyers.

The accused have been booked under sections 419 (cheating by personation), 420 (cheating and dishonestly inducing delivery of property), 465 (Punishment for forgery), 468 (forgery for purpose of cheating), 471 (using as genuine a forged document), and 34 (common intention) of the Indian Penal Code (IPC).

First Published: Feb 15, 2018 12:02 IST