Mumbai: In an interesting turn to an alleged fraud case, a real estate contractor who approached the Khar police against his partner became an accused himself and was arrested. Notably, the sessions court recently refused to even grant him bail, observing that the investigation has revealed that he, in fact, cheated 35 people with fake documents.
Observation Made By The Court
The court said that if the contractor, Syed Abi Ahmed, 53, is released, the “prosecution will suffer a lot”. Ahmed was arrested on August 25 on the direction of the Bombay High Court. As per the prosecution case, he had filed a complaint against Peer Mohammad Shaikh alias Babu and Babu’s sister Karima Mujid Shaikh alias Lady Don. It was claimed that in 2014, Ahmed bought a property spanning 2,860 sq ft in Santacruz from one Vijay Dhule by sale agreement which was notarised.
Claiming financial problems, Ahmed did not develop the property into a residential complex. On April 12, 2024, Babu approached him to develop the plot but by June wanted to break the partnership claiming losses. Ahmed claimed he returned Babu’s share of Rs1.60 crore collected from the 35 persons who had booked houses. In June that year, Babu gave up his rights on the flats in writing, with his role limited to constructing the building and handing it over to Ahmed.
In August 2024, Ahmed claimed Babu demanded more money which led to a dispute and also a scuffle, landing Ahmed in hospital for four months. Ahmed claimed that, in his absence, Babu sold flats on the first floor. The Khar police began investigating and found that the sale agreement of the alleged plot was forged. The probe revealed that the advocate whose name appeared as notary had passed away and his signature was forged. Besides, the investigating officer found that Ahmed had entered into an agreement with 35 persons.
The MoUs were allegedly attested by one Advocate Mustari, who denied signing the documents. Advocate for Babu, Tariq Khan, pointed out these findings while arguing for bail for Babu during the hearing on August 18. The court later ordered to implicate Ahmed, following which he was arrested. Ahmed sought bail, claiming that the documents were genuine. He also raised medical grounds for the bail, which the court refused, noting that “there is prima facie case” against him.
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