The Thane police have registered a case against three persons for allegedly cheating six cloth merchants of goods valued at Rs 2.5 crore, officials said on Thursday, reported news agency PTI.

The accused placed large cloth orders with the victims, all from Bhiwandi in Maharashtra`s Thane district, between July and August. After the receipt of the consignment, the accused failed to make payments and later went out of contact, Bhiwandi`s senior police inspector Janardhan Sonawane said, reported PTI.

A 66-year-old cloth merchant, who is one of the victims, filed a police complaint after losing a substantial amount.

Based on the complaint, the police registered an FIR on November 3 against three persons — one from neighbouring Palghar district and two from Surat in Gujarat — under Bharatiya Nyaya Sanhita sections 318(4) (cheating) and 3(5) (common intention), the official said, reported PTI.

No arrest has been made so far, he said, adding that a probe is on into the case.

Case against real estate developer for Rs 100 crore housing fraud in Mumbai

In another case, the police have registered a case against a real estate developer and others for allegedly defrauding homebuyers of Rs 100 crore by promising flats in Mumbai`s Wadala area and diverting the funds for personal use, officials said on Thursday, reported PTI.

The police`s Economic Offences Wing (EOW) registered the case on Wednesday after the preliminary enquiry based on a complaint filed by 62-year-old Chartered Accountant Anil Dron, a resident of Kandivali in Mumbai, an official said, reported PTI.

The accused — real estate developer Subbaraman Anand Vilaynur, his wife Uma Subbaraman, B P Gangar Constructions and others — collected Rs 100 crore from 102 persons in the name of `Sky 31` housing project in Wadala (West) since 2018, promising each a flat, he said, quoting the complaint, reported PTI.

After collecting money from the victims, the accused allegedly conspired to divert the funds to their personal and other bank accounts instead of using them for the housing project, the official said, reported PTI.

The accused also sold one flat to two persons after taking money from both and cheated them as well, he said.

The EOW registered the case against the accused on charges of cheating and criminal breach of trust, and a probe was on into it, the official said.

(With inputs from PTI)

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