Pune: Two more accused have been arrested in the Temple Rose real estate scam, wherein nearly 4,000 investors have been duped. As per statements of 448 victims, they have been collectively cheated of Rs 16.55 crore.
The arrested accused have been identified as Marx Thorat of Thane and Keshav Narayan Idiya of Mumbai. Earlier, Director of Temple Rose Real Estate Pvt Ltd Devidas Govindram Sajnani (67) was arrested in May this year by Pune city police’s economic offences wing.
The accused persons had allegedly sold investors about 440 acres of land in Purandar taluka under a fake development scheme that offered good returns. Later, they allegedly sold the same land to 11 others using forged documents.
The police had booked Sajnani, his wife Vanita, daughter Deepa, and Idiya and Thorat, under various offences under the Indian Penal Code, sections of the Maharashtra Protection of Depositors (in financial establishments) Act, and sections of the Prize Chit and Money Circulation Act. The complaint in the case was lodged by Nitin Rishidatta Shukla Tiwari (34), of NCL Colony in Pashan, at Chatuhshrungi police station.
The real estate company had allegedly collected over Rs 2.13 crore from Tiwari and other investors by promising them plots and huge financial returns in a scheme in Pingori village in Purandar taluka.
The company had claimed that these were proposed Non-Agriculture (NA) plots. The police said that the company offered four schemes - buy back, guaranteed double income in four years, equated monthly instalments and income growth schemes - and thereby attracted about 4,000 investors between 2013 and 2017.
