Fraud: land developer held

The Kondhwa police have arrested a land developer for allegedly depositing a cheque of Rs 8 lakh, signed by Shivsena MLA Mahadev Babar, into his bank account by fraudulent ways.

According to police inspector M K Thosar of Kondhwa police station, Babar lodged a complaint on Tuesday when he came to know that his money, amounting to Rs 8 lakh from Poona Merchants Co-operative Bank, has been transferred to another bank account.

Babar has alleged that he signed a blank cheque and kept it inside the drawer at his office in Kondhwa Khurd on October 10. After checking with his bank, Babar came to know that money has been transferred to the account of Kumar Shrinivas Mandera (48), a resident of Vidya Paradise in Undri. The police arrested Mandera, who is a land developer, and produced him before the court on Wednesday. "Mandera has been remanded to police custody for two days," said Thosar.

Assistant police inspector R S Kadam is investigating the case.

Please read our terms of use before posting comments
TERMS OF USE: The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).
comments powered by Disqus