Ahmedabad: Developers Charged with ₹2 Crore Investor Fraud
AHMEDABAD: Two separate complaints have been filed at the Bopal police station accusing developers associated with the Privilon Group of defrauding investors by promoting housing and commercial projects on land they allegedly do not own and without the necessary regulatory approvals. Police indicate that these complaints, along with other reports from investors, suggest a fraud amounting to approximately Rs 2.22 crore involving flats and shops in proposed developments in Ghuma village, located on the city’s outskirts. The first FIR was lodged by Shanti Jadav, 49, a farmer from Gujar village in Dhandhuka taluka. Jadav claims he was misled into investing…