EOW arrests real estate firm MD for Rs 22 lakh fraud

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Bhubaneswar: The Economic Offences Wing (EOW) of the Crime Branch on Friday arrested a builder for allegedly duping a man of Rs 22.55 lakh on the pretext of providing him land.

The accused was identified as Sk Hasib, the Managing Director of M/s Wellmade Builder Pvt Ltd. He hails from Sanakujhala village in Jajpur district.

According to sources, one Mohammed Nawaz Hassan had paid Rs 22.55 lakh to Hasib to purchase a plot at Adarsha Nagar in Ramdaspur Mouza of Barang and a shop room at Raghunathpur near Nandankanan Zoological Park in 2013. The accused also issued a money receipt and executed an agreement in this regard. However, the accused neither delivered the land nor he returned the money.

When Hassan approached Hasib to inquire about the allotment of land, the latter refused to provide the land and threatened him with dire consequences. Subsequently, Hasib closed the company office and made a vanishing act.

Later, Hassan lodged a complaint against the accused. The police conducted raid after getting information about the presence of Hasib and nabbed him.

The accused was produced in OPID court today, said a police official. Further investigation is underway to nab the other person in connection with the case.

Earlier, the police had arrested Rahematun Nesha and Sk Majhar in connection with the case.

 

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