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Developer 'dupes' family friend of ₹50L
The Free Press Journal - Mumbai
|September 24, 2025
The Vanrai police have booked a 70-year-old developer for allegedly cheating an acquaintance of Rs50 lakh. According to the complainant, Sangita Raut, 55, the accused, Mahendra Mhatre, the owner of Vastu Shilp Developers, took the money in 2009 on the pretext of investment.
Raut didn't approach the police until 2020 as her husband had “family relations” with Mhatre, but finally lodged a complaint upon learning that the accused had been booked for cheating earlier too. Mhatre has cheated several people in a similar way, alleged Raut.
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