Thane: A couple running a real estate firm have been booked for allegedly deceiving a 71-year-old businessman to the tune of Rs 28.5 crore in Maharashtra's Thane district.
The complainant, Vijay Agrawal, who is an aluminium trader in neighbouring Mumbai, said he came in contact with the accused - Sanjay Bhalerao and his wife Pratima Bhalerao - through a common friend in 2011.
According to the police spokesperson, the accused asked Agrawal to invest in their real estate business by promising lucrative returns.
The official further stated that they (accused) allegedly fabricated documents to show Agrawal as the owner of some flats in their venture, but later sold those properties, causing a loss of around Rs 28.59 crores to the complainant.
On the basis of the complaint, the accused were booked under various Indian Penal Code sections for cheating, criminal breach of trust, forgery and criminal conspiracy on Wednesday.
No arrest was made so far and a probe is underway.
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