Mumbai News: Dindoshi Police Arrests Woman For Selling Same Flat To 3 People

Mumbai News: Dindoshi Police Arrests Woman For Selling Same Flat To 3 People

The woman has been identified as Shruti Mukund Panchal and she is accused of helping Mukund Manubhai Panchal, the main accused in this conspiracy.

Vishal SinghUpdated: Sunday, October 01, 2023, 07:58 PM IST
article-image
Representative Image

Mumbai: Dindoshi police arrested a woman who was wanted in a fraud conspiracy after dealing a single flat with three persons and embezzling about 50 lakh rupees. The woman has been identified as Shruti Mukund Panchal and she is accused of helping Mukund Manubhai Panchal, the main accused in this conspiracy.

According to the police, the complainant Dharmedra Madanmohan Sharma is a businessman and lives in Malad area with his family. He owns a steel trading company called Bhumi Corporation.

Complainant and Business Ties

Mukund Panchal is a businessman and he owns a building material business with his wife. He often borrowed money from Dharmendra Sharma for business because of business friendship. He earned their trust by returning the money on time. As he needed a large amount of money to grow his business, he had put up his flat in Pushpa Park, Parth Residency, Malad for sale. He requested Dharmesh Sharma to buy this flat.

Sharma also said that he is interested in purchasing that flat as it is available cheaply. After negotiations, a flat was bought and sold between them for Rs 40.50 lakh. After this he paid Mukund Rs 41.33 lakh as registration fee along with the flat. But Panchal did not hand over the possession of the flat within the stipulated period and the flat was not registered in his name.

Multiple Victims

On one hand, Panchal had made a deal for the flat with Sharma, while on the other hand, Panchal had started the deal for the same flat with Vishal Ramkrishna Surwade and Sangeeta Nandkishore Chaudhary. Panchal had taken Rs 8 lakh as token from both of them for the flat. As soon as this incident came to his notice, he lodged a police complaint against Panchal. After investigating the complaint, the police registered a case of embezzlement and fraud against him.

Shruti Panchal's involvement

Mukund had cheated them of around Rs 50 lakh by dealing a single flat with the three. It was revealed that Shruti Panchal helped him in these crimes. Therefore, she was co-accused in these crimes. She was arrested by the police after one year in the same crimes.

A police officer said that after lodging an FIR in the case, the role of the woman came to light in the investigation after which she was arrested.After her arrest, she was sent to police custody by a court.

RECENT STORIES

Salman Khan Threat Case: Location Of Accused Traced To European Country As Mumbai Police Beefs Up...

Salman Khan Threat Case: Location Of Accused Traced To European Country As Mumbai Police Beefs Up...

Mumbai Crime: Repeat Offender Arrested In Vile Parle For Molesting Ex-Girlfriend; Faces Third...

Mumbai Crime: Repeat Offender Arrested In Vile Parle For Molesting Ex-Girlfriend; Faces Third...

PNB Fraud Case: Special PMLA Court Rejects Mehul Choksi's Intervention Plea In ICICI Bank...

PNB Fraud Case: Special PMLA Court Rejects Mehul Choksi's Intervention Plea In ICICI Bank...

FPJ Cyber Secure: Kurla Doctor Duped Of ₹1 Lakh By Fraudsters Disguised As LIC Agents

FPJ Cyber Secure: Kurla Doctor Duped Of ₹1 Lakh By Fraudsters Disguised As LIC Agents

Thane: Bombay High Court Urges Swift Operationalisation Of 100-Bed Hospital In Mumbra's Kausa

Thane: Bombay High Court Urges Swift Operationalisation Of 100-Bed Hospital In Mumbra's Kausa