A real estate developer has been arrested for allegedly defrauding his investors of Rs 30 crore in a fraudulent property scheme. Harinder Bashista (49), the director of a private real estate firm, was taken into custody on January 13 and has remained in judicial custody since then.
The case originates from a complaint filed by Sunil Gupta on May 24, 2022, which led to the registration of an FIR on June 3, 2022. Gupta, along with several other victims, accused the developer of deceiving them into purchasing units in a project located in Knowledge Park-III in Greater Noida.
Authorities have launched an investigation into the matter, as the victims claimed to have been lured into the fraudulent scheme, resulting in substantial financial loss.
