Gurugram: The Economic Offences Wing has arrested an accused in a large-scale real estate fraud case linked to the “Sunehra Apna Ghar” housing project in Sector-55, after he was allegedly caught at Delhi Airport while attempting to flee abroad. The case involves allegations that investors were cheated of crores through fake project documents, MOUs and bank accounts in the name of flat allotments.
Complain t Dates Back To 2017
The case began with a complaint filed in 2017 by a woman who alleged that in 2006-07, Ishpal Bhardwaj promised her a flat and collected about ₹37.50 lakh in multiple instalments. Despite repeated payments, she alleged that neither possession of the flat was given nor was the money returned.
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During investigation, police found that Anubhav, 33, son of Ishpal Bhardwaj, allegedly worked with his father and associates Amit Kumar, Pradeep Kumar, Sandeep and Jagbir in a coordinated scheme. Officials said the accused used fake Memorandums of Understanding and fraudulent bank accounts to collect money from investors.
According to police, funds were collected from multiple people between 2008 and 2013 under the pretext of a housing project. After construction activity stalled, investors allegedly received neither flats nor refunds.
Six Accused Arrested So Far
Police said six accused, including Ishpal Bhardwaj, Anubhav, Amit Kumar, Pradeep Kumar, Sandeep and Jagbir, have been arrested so far in the case. The latest arrest was made after the accused was reportedly intercepted at Delhi Airport while preparing to leave the country.
The accused was produced before court and remanded for further interrogation. Officials said efforts are underway to recover funds and collect additional evidence linked to the alleged fraud.
Investigators have alleged that forged documents, shell companies and multiple bank accounts were used to mislead investors and siphon off large amounts of money.
Financial Trail Under Investigation
Investigating agencies are examining whether the fraud was limited to one housing project or formed part of a larger organised network operating across multiple locations. Financial transactions, digital records and bank account trails are being scrutinised.
Police are also analysing bank records, mobile location data and digital agreements to identify other possible victims and trace the complete network.
Officials have urged the public to verify real estate and investment schemes carefully, especially where cash payments are demanded or documents appear unclear. Authorities said strict legal action will be taken against those found guilty after completion of the investigation.
