Central Bureau of Investigation: The Central Bureau of Investigation (CBI) has arrested a top Mumbai developer in connection with a fraud case where a leading public sector bank was allegedly defrauded of Rs 280 crore. The developer from South Mumbai, identified as Harresh Mehta of Rohan Lifespaces Ltd, was nabbed by the Economic Offences Wing (EOW) of the CBI.
The CBI’s EOW Mumbai unit registered the case on the complaint received from the bank’s Thane branch against the Directors of RRL Vijay Gupta and Ajay Gupta. According to the CBI-filed FIR, the probe was initiated in 2016 after receiving a complaint against the directors of a firm named Rajput Retail Ltd (RRL). The complaint stated that the Directors of the firm RRL availed a loan from the SBI (State Bank of India) and cheated the bank to the tune of Rs 280 crore.
CBI arrests Mumbai developer for defrauding State Bank of India worth Rs 280 cr The complaint stated that RRL and its Directors had conspired with their accused, including unknown government servants, and availed of three loans on different occasions from the bank. The accused allegedly used forged fabricated documents and cheated the bank to the tune of Rs 280 crores.
In July 2018, the CBI submitted a chargesheet in the case.Further, the investigation in the case led to the role of Harresh Mehta of Rohan Lifespaces Ltd, and Rohan Constructions Ltd.
Searches were conducted at the offices and residences of Mehta and Ruby Mills Ltd by the probe-agency sleuths.
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