Kamala Landmarc’s CA held for cheating in Rs 600 crore case
Economic offences wing (EOW) of Mumbai police on Thursday arrested construction firm, Kamala Landmarc’s chartered accountant for cheating, aiding and abetting its directors in money-laundering.
The directors, Jitendra Jain and Ketan Shah, have already been arrested in several cases of cheating and forgery.
EOW (housing unit) arrested NareshRajpurohit (52) under IPC sections for cheating, criminal breach of trust and conspiracy, and under Maharashtra Flat Ownership Act (MOFA). He was remanded to police custody.
Sources said his arrest will help unearth how he allegedly helped Jain start construction firms, accept bookings from investors/flat-buyers, transfer the money to several bank accounts and siphon around Rs 600 crore.