real estate fraud

The Economic Offences Wing (EOW) of Odisha Crime Branch has nabbed Managing Director of a real estate company from Kolkata on charges of criminal conspiracy, cheating and dishonestly inducing delivery of property.

A former manager of Andhra Bank and two property builders were arrested by the Economic Offences Wing (EOW) of Odisha Crime Branch on Wednesday in connection with a real estate scam amounting to Rs 7 crore.

The Economic Offences Wing (EOW), Bhubaneswar has arrested the Managing Director of Shreya Infrastructure Services Ltd, a real estate agency, for duping over 100 persons of Rs 5 crores on pretext of providing low cost flats in Puri.