Mumbai Police Investigate Multiple Real Estate Fraud Cases Involving Crore-Scale Losses

Two separate real estate fraud cases in Mumbai have come to light involving significant financial losses. In one case, a businessman alleged that four individuals cheated him of nearly Rs 12 crore by promising a 50% partnership and high returns, leading to an Economic Offences Wing investigation. In another case, six people were arrested for duping homebuyers using fake documents and impostors, with the main accused still at large. Both cases highlight ongoing challenges in Mumbai's property market fraud.