Man Catches Delhi Builder Red-Handed: Fraud Complaint Filed

A common man exposed the fraud of 65 crores against a Noida builder.

A common man filed an FIR against a builder in Delhi, accusing him of committing fraud and not returning his Rs. 65 lakh investment in a real estate business.

Romi Singh, the director of Unified Capital Solutions Private Limited, said he had a business relationship with Ramesh Dev Verma, a resident of Shrestha Vihar in Delhi. Verma is the director of VSR company located in Ecotech, Greater Noida, and his son Neelaksh is the co-director.

According to Singh’s complaint, in 2013, Verma visited his house with his son and explained that his company was working on a project to build flats in Greater Noida. Verma mentioned that he was short on funds and requested Singh to invest Rs 90 lakh in his company. He promised to return the money along with the profit. If not, Verma suggested that the flats be registered instead of the investment. So, Romi Singh transferred Rs. 90 lakh to Verma’s company account. However, when the project didn’t commence long, Singh asked for his money. Shockingly, Verma only returned Rs 25 lakh out of the total amount.

Distressed by this situation, Romi Singh approached Police Commissioner BP Jogdand, who instructed the Nazirabad police to file a First Information Report (FIR) and investigate the matter.

The Station House Officer of Nazirabad, Kaushlendra Pratap Singh, confirmed that the police registered a report based on the victim’s complaint and are investigating the case.

People must be cautious while making financial investments and ensure they have proper documentation and agreements. Cases like these highlight the significance of trust and honesty in business dealings, and authorities must take appropriate action to resolve such matters and bring justice to the victims.