Builder Jayesh Tanna (56), the proprietor of Saisagar Consultant, was arrested by Amboli police in 11th case of cheating where he and his kin were accused of cheating a flat buyer to the tune of Rs 3.30 crore by selling the flats to a third party.
Amboli police on Thursday arrested Jayesh Tanna and produced him before the Andheri Metropolitan magistrate court which remanded him to three days police custody. While police have arrested Jayesh, they are looking for his wife Shradda, his brother Deep and son Vivek in connection with the investigations.
This is the 11th case in which Jayesh has been arrested. Last October the Economic Offences of Mumbai police arrested Jayesh in a housing scam where 28 home buyers had alleged that Jayesh and his kin cheated them to the tune of Rs 40 crores.
“Since then Jayesh has been in jail and is being arrested in one after another case. We took court’s permission and took his custody from the jail. Some of his family members have gone for anticipatory bail.” said an officer of Amboli police.
One of the complainant told that though they have arrested Jayesh his other family members are moving freely and though he has cheated several people in their projects at Borivali, Goregaon, Kandivali and Andheri and 11 FIRs have filed , the police are yet to seize his properties which are proceeds of the crime.
The Amboli police had booked the directors of Saisagar consultant Jayesh, his wife Shradda, his brother Deep Tanna and son Vivek Tanna under the IPC sections of cheating and forgery.
Complainant Vinod Punjabi said that instead of various police stations arresting Jayesh in different FIRs, the EOW should have clubbed all the 12 FIRs and should had formed a team to probe such white-collar crime as the amount involved is more than Rs 9 crores.
Complaint in the case is businessman Vinod Punjabi, a resident of Andheri, who alleged that he had approached the developer in 2014 to purchase a flat in their upcoming project near Bhavan’s college in Andheri West. After liking the project, Punjabi and his family decided to book a 3 BHK flat measuring around 1,200 square feet on the 9th floor. Punjabi told police that the developer was to complete the project in 2017 but he failed. He kept promising to register the sale agreement but that wasn’t accomplished ever.
Police said the developer also accepted Rs 17 lakhs as stamp duty from Punjabi but neither registered his agreement nor did he pay stamp duty and this raised doubt and when he carried out a search he was shocked to learn that the said flat was already sold to a third party.
In December last year the court appointed a court commissioner and seized Tanna’s huge properties in Borivali, Goregaon, Kandivali and South Mumbai under the SARFAESI act for a loan default of more than 200 crores.
