Pune: The Pune Police’s Economic Offenses Wing (EOW) arrested two partners of a city-based construction company, a lawyer and his brother, on Saturday night, who were accused of defrauding a Delhi investor for Rs.340.
On Sunday, an EOW team Amit Nagpal, 48, and Ashish Nagpal, 43, both partners of Nagpal Associates and residents of Wanowrie, their lawyer Prakash Kamthe, 59, and his brother Ramdas Kamthe, 56, produced their pre-trial detention in a local court.
However, the court ordered her pre-trial detention, and the four immediately requested bail. Following a hearing, the court ordered the release of attorney Prakash Kamthe on bail and sent Amit and Ashish Nagpal and Ramdas Kamthe to Yerawada Central Prison under judicial custody until February 20. The Kamthes live in Chandannagar.
Sahil Mohan, 35, a director of Delhi-based real estate company Tej Buildcon, alleged in his FIR filed with the Bund Garden Police Station that the Nagpals, in consultation with the Kamthe brothers, cheated on him of 3.40 rupees after they turned on in 2007 had turned to invest in a real estate project in Kharadi. Mohan claimed the Nagpals had promised to give him 16 apartments for the project and returned Rs3.40 crore (advance from him for the purchase of 1,000 m² of land in Kharadi and construction costs) upon completion of the project. This did not happen, Mohan claimed.
In the FIR, he further stated that in 2017 he became aware that the documents relating to the project land were forged and that the PMC had demolished part of the project because the Nagpals did not have proper building permits. Also, there was no main road access to the project as assured, and when he started to apply for a refund, the Nagpals gave him evasive answers, he explained. The FIR was later transferred to the EOW for further investigation.
According to the police, attorney Prakash Kamthe prepared the search and title report for the project while his brother Ramdas did the documentation work and turned the documents over to the complainant when the alleged fraud took place.
Attorney Suchit Mundada, who represented all four of the defendants on bail, said, “The judge issued Prakash Kamthe on bail, stating that he had no direct involvement other than merely filing a search and title report. In the case of the other three, however, the court ruled that the police investigation was ongoing and alleged involvement in a serious economic crime. Therefore, the bail cannot be granted to them. ”
Deputy Police Commissioner (EOW) Bhagyashree Navatake told TOI: “We made the arrests after reviewing all the documents submitted by the complainant and based on the content of the FIR submitted by him.”
Infringements punishable under Sections 420 (fraud), 468 (forgery for the purpose of fraud), 471 (using forged documents to be genuine) and 34 (joint intention) of the Indian Criminal Code have been recorded in the case.