Two real estate managers of Earth Infrastructure held for cheating investors of Rs 41 lakh
Two sales managers of a real estate firm were arrested on Saturday for allegedly cheating an investor of Rs 41 lakh on the pretext of providing office space in Gurgaon. The accused, identified as Bushra Alam, a resident of Daryaganj and Nishant Arora, a resident of Saket, worked for Earth Infrastructure Limited in Sector 16, Noida.
In February 2017, Delhi Police’s Economic Offences Wing had arrested the firm’s managing director, Avdesh Kumar Goel on charges of cheating homebuyers and indulging in criminal conspiracy. Another director, Vikas Gupta is absconding.
Anil Kumar Shahi, SHO, Sector 20 police station said, on August 31, 2017, an investor, Nupur Aggarwal had registered a case against four directors and two sales managers alleging fraud. Aggarwal made payments of Rs 41 lakh through cheques on different occasions from 2013-15 for the office space as promised.
The developer had issued allotment letter to Aggarwal in May 2014. “But, in December 2016, he issued allotment letter for another location,” the complainant said in an FIR. On asking about the change, she was informed, the developer did not get permission for construction at previous location so the space couldn’t be delivered. The developer also refused to return the payment. The complainant then approached the court which directed Noida police to register a case against all the accused.