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Developer who cheated Mumbai flat buyers of Rs 11 crore gets 3 years' jail
![IndiaTimes]()
Thursday, 16 November 2023
A 50-year-old developer has been sentenced to three years in prison for cheating flat purchasers in a redeveloped building in Byculla, Mumbai. The developer, Rizwan Dadan, was found guilty of misappropriating nearly Rs 11 crore and not handing over possession of the flats to the buyers. He was also fined Rs 50,000, which will be given to the complainant as compensation. Another accused in the case is currently absconding. The judgment stated that Dadan had fraudulent and dishonest intentions from the beginning.
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Thursday, 16 November 2023
