Mumbai man dupes 25 of Rs 3 crore for cheap homes, held | Mumbai News

MUMBAI: A 36-year-old Commerce graduate who fled to Nashik after duping at least 25 home-buyers of over Rs 3 crore after promising them flats at 25% discount from the bank that had sealed them as people failed to pay EMIs, was arrested on Wednesday.
Crime branch (unit XII) laid a trap after tracking down Sachin Borde in Nashik by posing as a customer buying bank-seized cars at a discount. Borde used to take an advance payment to pay the bank after showing them a fake letter of the flat.
Borde, from Dahisar, fled a year back along with his wife, after duping people from Andheri to Mira Road in 2017-19. A case was registered by MHB Colony police on May 2 during lockdown after victims failed to contact Borde.
DCP (crime I) Akbar Pathan supervised inspector Mahesh Tawde, assistant inspectors Vikram Kadam and Atul Avhad, sub-inspector Hemant Gite and staff to get in touch with a doctor from Nashik whom Borde duped.
Borde collected Rs10-20 lakh for flat purchase from each victim before he fled in 2019. Tawde said, “Borde use to collect details about flats up for sale from local real estate agents. He used to get in touch with prospective buyers, mostly from middle and lower middle-class families, and lured them with a 25% discount.” Tawde said after fleeing to Nashik, Borde duped four there, promising them vehicles seized by banks for nonpayment of EMIs.

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