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Amrapali Group case: ED attaches Rs 99 crore assets for duping homebuyers

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Lucknow, Jan 3: In fresh action against real estate player, the Amrapali Group, the Enforcement Directorate (ED) provisionally attached immovable properties worth Rs 99.26 crore for fraudulently diverting and misappropriating homebuyers’ funds, an official said on Saturday.

The immovable properties attached under the provisions of the Prevention of Money Laundering Act (PMLA), 2002 include the office and factory land and building of Mauria Udyog Ltd., which is one of the entities of the Sureka Group, whose promoters are Navneet Sureka and Akhil Sureka.

The aggregate fair market value of the seized office and factory land and building was Rs. 99.26 crore as on December 30, 2016, the ED said in a statement.

The ED has now passed a total of six Provisional Attachment Orders, including the present one, under Section 5(1) of the PMLA, 2002, attaching properties having a cumulative value of Rs 303.08 crore.

The ED, Lucknow Zonal Office, initiated the investigation on the basis of multiple FIRs registered at different Police Stations in Gautam Buddha Nagar, Uttar Pradesh, and EOW, Delhi Police, and also pursuant to a Supreme Court order.

On July 23, 2019, the Supreme Court passed the order in Bikram Chatterji versus Union of India matter that was related to petitions filed by aggrieved homebuyers.

The allegations were that the Amrapali Group collected huge sums of money from homebuyers, failed to deliver possession of flats within the stipulated time, and fraudulently diverted and misappropriated the homebuyers’ funds by adopting a criminal conspiracy involving bogus transactions, forgery and cheating.

The ED investigation revealed that the accused persons, their associates and promoters — namely Anil Kumar Sharma, Shiv Priya and Ajay Kumar, Directors of the Amrapali Group — in connivance with Navneet Sureka and Akhil Sureka, Directors of Mauria Udyog and Jotindra Steel and Tubes Ltd, diverted homebuyers’ funds through non-genuine and fraudulent transactions under the guise of procurement of TMT bars and construction material.

The funds were layered through a complex web of shell entities and bogus suppliers, withdrawn substantially in cash and irreversibly dissipated, thereby generating and laundering the Proceeds of Crime (POC), the ED said.

It has been established that an amount of Rs110.39 crore was diverted to Mauria Udyog, representing POC generated from the money collected from Amrapali homebuyers.

As the original POC were dissipated and no longer available for direct attachment, the ED has attached the immovable properties of Mauria Udyog on the principle of “value thereof” under the PMLA, 2002, in order to secure the POC.

Earlier, the ED had arrested Anil Sharma, Shiv Priya and Ajay Kumar, Directors of the Amrapali Group; Anil Mittal, Statutory Auditor of the Amrapali Group; and Chander Prakash Wadhwa, CFO of the Amrapali Group.

So far, the ED has filed six Prosecution Complaints in this case, arraigning 33 individuals and entities as accused.

Crime

Couple, 5-month-old son killed as pickup truck hits motorcycle in MP Shajapur

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Three members of a family, including a five-month-old child, were killed when a speeding pickup truck collided with their motorcycle in Madhya Pradesh’s Shajapur district, police said on Saturday.

The deceased have been identified as Ajit Panwar, his wife Pooja Panwar and their five-month-old son Shivanshu. They were residents of Indra Colony in Ashta town of neighbouring Sehore district.

The accident occurred in the Salsalai police station area when the family was travelling from Bolai village towards Ayyapur for temple darshan.

According to preliminary investigation, a stray dog suddenly came in front of their motorcycle. Ajit, who was riding the two-wheeler, tried to avoid hitting the animal but lost control of the motorcycle, which swerved into the path of a pickup truck approaching from the opposite direction. The pickup truck hit the motorcycle with considerable force, leaving all three family members critically injured. The motorcycle was badly damaged in the collision. The injured were rushed to a nearby hospital, where doctors declared all three dead.

The family had left home on Saturday to visit a temple and offer prayers to mark the completion of five months of their son Shivanshu. However, they met with the fatal accident before reaching their destination.

“The family was going for temple darshan with their child when a stray dog suddenly came in front of their motorcycle. The rider tried to save the animal but lost control and collided with a pickup coming from the opposite direction,” a police official said.

The pickup driver fled the scene after the accident. Police seized both vehicles and registered a case against the unidentified driver for rash and negligent driving.

“Efforts are underway to trace the absconding driver with the help of CCTV footage and eyewitness accounts. The bodies have been sent for post-mortem examination, and further investigation is underway,” the official added.

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Bollywood

Tiger Shroff firing case: 12th accused sent to police custody till Nov 6

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A Mumbai court on Saturday sent Amar, the 12th accused arrested from Haryana’s Sonipat in connection with the firing incident on Bollywood actor Tiger Shroff, to police custody till November 6.

On Thursday, a special Maharashtra Control of Organised Crime Act (MCOCA) court had sent 11 other accused arrested in connection with the firing on Shroff’s car to police custody till November 6.

The latest accused was arrested from Rohna village in Sonipat.

Earlier in the day, the Mumbai Police had produced Amar before a court, which sent him to police custody until November 6.

According to officials, Amar is accused of having transferred money, allegedly used in the commission of the crime, online. The funds were reportedly used for various expenses, including the purchase of a motorcycle and booking hotel rooms linked to the case.

According to the preliminary investigation, Amar is a friend and neighbour of Kunal, who was arrested earlier in the case. Police investigations have revealed that Kunal allegedly transferred Rs 40,000 to Amar’s bank account.

Amar subsequently transferred Rs 12,000 to Radha’s bank account, another accused arrested earlier, allegedly on Kunal’s instructions.

The Mumbai Police are investigating these financial transactions to establish the purpose of the transfers and determine the connections between the accused. The money trail is being examined as part of the wider investigation into the firing incident.

Amar, who studied up to Class 10, works at a supplements shop. His parents reportedly earn their livelihood through daily-wage labour.

Meanwhile, Amar’s family has claimed that he is innocent and alleged that he has been falsely implicated in the case.

With nine of the 12 arrested accused reportedly belonging to Sonipat, the district has emerged as a key focus of the Mumbai Police investigation.

The police are examining the financial dealings and personal connections among the accused to establish the sequence of events and identify the roles played by individual suspects.

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Crime

Delhi: Gang impersonating Paytm executives busted in Shahdara cyber fraud case; five arrested

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The Cyber Police Station in Delhi’s Shahdara district has busted a gang involved in impersonating Paytm executives and cheating street vendors and small business owners. Five accused have been arrested in connection with a cyber fraud case involving Rs 95,000, police said on Saturday.

According to the police, the accused allegedly targeted unsuspecting vendors and shopkeepers by posing as Paytm representatives and offering assistance with KYC-related issues, QR code updates and soundbox replacement. The investigation has revealed that the gang may have cheated around 50 to 60 victims using a similar modus operandi.

The case was registered as FIR No. 55/26 on October 26 at the Cyber Police Station, Shahdara, under relevant provisions of the Bharatiya Nyaya Sanhita, following a complaint by Ramavtar, a vegetable vendor.

Police said that on October 20, two persons approached Ramavtar claiming to be Paytm executives. On the pretext of resolving KYC-related issues and updating his QR code soundbox, they took possession of his mobile phone. Subsequently, two unauthorised transactions of Rs 50,000 and Rs 45,000 were carried out, resulting in a total loss of Rs 95,000.

The investigation was assigned to Inspector Shweta Sharma. A dedicated team comprising Inspector Sharma, ASI Rajdeep, Head Constables Javed, Deepak and Narender was formed to crack the case.

The team worked under the leadership of SHO Cyber Police Station Vijay Kumar, under the supervision of ACP Operations Avdhesh Kumar and the overall supervision of the Deputy Commissioner of Police, Shahdara.

During the investigation, police analysed the money trail, bank accounts and CCTV footage, which led to the arrest of five accused people.

Two of the accused impersonated Paytm executives to cheat victims, while the remaining three allegedly provided bank accounts to route and withdraw the cheated money.

The arrested accused have been identified as Juned, 23, a resident of Chhaprauli in Uttar Pradesh’s Baraut; Anas, 19, a resident of Sangam Vihar, Wazirabad; Mohit, 24, and Rohit, 19, both residents of Bhalswa Dairy in North Delhi; and Sumit Kumar, 19, a resident of Aya Nagar in South Delhi.

Police said a Paytm employee identity card was found on the mobile phone of Juned, who had previously been associated with the company. The accused are suspected to be involved in 50 to 60 similar incidents, while their bank accounts have been linked to around 20 cybercrime complaints and cases registered across India.

Six mobile phones, seven SIM cards, four ATM cards and three cash withdrawal slips were recovered during the investigation.

Further investigation is underway.

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