Delhi: Police arrest couple for duping businessman of Rs 6 crore | Delhi News


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NEW DELHI: Delhi Police’s Economic Offences Wing (EOW) has arrested a couple who had duped a businessman of Rs 6 crore by selling him a property already mortgaged with a bank.
After he “bought” the house, the victim came to know about the loan and the absconding couple through an advertisement given by the bank.
The complainant in the case had alleged that in 2014, he was searching for a property and met accused Madan Mittal and his wife through a broker.
“The couple allegedly showed him title deeds of the property in favour of his wife and relying upon these documents he made payment of Rs 6 crore to the alleged persons,” joint commissioner of police (EOW) O P Mishra said.
An agreement in this regard was also signed, police said, wherein it was agreed that all the necessary documents for transfer of property in his name will be signed on or before November 30, 2015. The date kept extending but sale was not executed.
In August 2017, the victim cam,e to know that the property was mortgaged with State Bank of India, when he saw a notice of SBI in a newspaper that the bank has taken possession of the property.
Mittal (69) is engaged in business of metals and is a director of a firm named GEE CEE Corporation Pvt Ltd. His wife is also a director there, police said.

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