78.35 crore fraud case registered in Bhiwandi

Bhiwandi – A sensational case of fraud of Rs 78.35 crore has come to light in Pimplas village area of ​​Bhiwandi taluka. Dilip Kumar Phulchand Jain, a construction businessman residing in Byculla, Mumbai, has accused Mr. Ashish Chandrakant Shah that he had grabbed a huge amount of money in the name of buying land.

Complainant Dilip Kumar Jain had purchased 330 acres of land in Pimplas area and paid Rs.78,35,51,165 to Ashish Shelar for registration. However, it is alleged that this deal was not only invalid but no valid title to the land was also given. According to the complaint, Shri Ashish Shah decided the land deal by giving false information deliberately. He claimed ownership of this land, while this land was not in his possession.When the complainant sought action to further the deal, he learned that Shah had no valid right over the land. On the basis of Dilip Jain’s complaint, the Kongaon Police has registered a case against Ashish Shah under sections 420, 406, 46 and 468 of the IPC. The police is now investigating the case thoroughly and trying to establish the facts. Further investigation is being conducted by Senior Police Inspector Nilima Pawar of Financial Offenses Branch.