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Alleged Fraud Case Filed Against B.U. Bhandari and M&M Realtors in Pune

In a recent case of alleged cheating, B.U. Bhandari and M&M Realtors Company have been booked by the police on Tuesday. According to the police, the victim, Naresh Mittal, claims that the accused, Rajnish Bhandari and Anuj Bhandari, duped him for Rs 2.16 lakh in a property deal. Mittal alleges that despite making a payment for booking on October 31, 2020, for the purchase of property in Kharadi, the promised office spaces in the planned building were not provided, and the amount was not returned with interest.

Memorandum of Understanding Signed Between Victim and Accused

The police stated that there was a Memorandum of Understanding (MOU) signed between Mittal and the accused for office spaces on the fifth floor, along with covered parking spaces. Despite paying Rs 1.04 crore, Mittal did not receive possession of the office as agreed upon. The complaint specifies that the agreed-upon amount in the MOU was not refunded, resulting in a total loss of Rs. 2.16 crore.

Police Investigation Underway

Senior Police Inspector Abhay Mahajan confirmed that a case has been filed on Tuesday as per the complaint filed by the victim under relevant charges. The investigation into this case is currently ongoing.

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Orginal article: Link To Article – provided by Kansas City Realtors