In a multi-crore property fraud case, Delhi police have arrested Mohsin Mohammed (36) for his involvement in misappropriating funds and defrauding homebuyers. According to officials, the accused fraudulently sold properties and used the proceeds for personal expenses amounting to Rs 3.33 crore.
The investigation revealed that in 2016, Mohsin obtained credit facilities worth Rs 95 crores from Yes Bank Limited. Using this credit, he sold flats constructed on mortgaged property and collected Rs 13 crores from unsuspecting homebuyers. However, instead of using the funds appropriately, he allegedly diverted Rs 3.33 crore for personal use.
Following a raid at a hotel in Nizamuddin (West) on March 26, 2025, Mohsin was arrested by the police. During questioning, he admitted to the misappropriation of funds and revealed his involvement in other fraudulent activities.
Further investigation is ongoing, with authorities now looking into similar crimes Mohsin may have been involved in.
In a related incident, the Delhi Police also apprehended two individuals, Vishnu Jha and Deepak, for their involvement in the kidnapping and robbery of a cab driver. On March 27, 2025, the two men attacked Satender Pal, a cab driver, while he was changing a flat tire near Shani Mandi. After assaulting him and demanding ransom, they forcibly pushed him inside his vehicle.
The police acted swiftly, reviewing CCTV footage, gathering intelligence, and executing raids, which eventually led to the arrest of the suspects near Jheel at Mukundpur. The stolen vehicle was also recovered during the operation. The two individuals have been identified as habitual offenders, with prior involvement in seven criminal cases ranging from theft to snatching.
The investigations into both cases are ongoing, and further legal action will follow.
