**Mumbai Construction Businessmen Duped of Rs 1.85 Crore in Elaborate Loan Fraud**
In a shocking case of financial fraud, two construction businessmen have been cheated of a total Rs 1.85 crore by scammers posing as loan arrangers promising Rs 50 crore loans for their businesses. The Vinoba Bhave Nagar police have registered two separate FIRs and launched detailed investigations into the matter.
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### First Case: Advocate and Brother-in-Law Defrauded of Rs 1.37 Crore
Advocate Prasad Gurunath Shelke (44), a resident of Shirgaon Yadavnagar, Badlapur East, filed a complaint alleging that he and his brother-in-law, Avinash Bhoir, were duped of Rs 1.37 crore.
According to Shelke’s statement, in 2023, Bhoir was seeking a substantial loan to expand his construction business. Shelke approached his friend, Atul Bhopi, who connected him with Khalid Khan, proprietor of S.K.K. Builders and Developers. Khan claimed he could arrange large loans secured only by post-dated cheques, without requiring immediate collateral.
In June 2023, Shelke and Bhoir met Khan, who offered to secure a loan of Rs 50 crore but demanded 1.25% of the loan amount as “stamp duty” charges. Following this, Rs 62.5 lakh was paid in July 2023.
Khan also collected their PAN cards, Aadhaar cards, and cancelled cheques, stating that the loan process would be initiated through Central KYC and the funds credited shortly. He reassured them that the transaction would be legal and under proper RBI approval.
However, by August 2023, no loan had materialized. Upon inquiry, Khan promised the funds would be released by December and requested additional payments to expedite the process. Trusting him, Shelke made further payments into bank accounts linked to Khalid Khan, Rinku Rajguru, and Nimit Digra of Nimit Exim House. A further Rs 75 lakh was paid in cash, bringing the total amount lost to Rs 1.37 crore.
When the loan remained undisbursed, Shelke grew suspicious and filed an official complaint. The police have since named Khalid Khan, Nimit Digra, and Gurudeep Singh alias Rinku Singh Rajput as accused in this financial scam.
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### Second Case: Pune Builder Loses Rs 76 Lakh in Similar Fraud
In a separate but similar incident, Pune-based builder Arimardan Ramsumer Singh (43), who runs AMS Buildtech Pvt. Ltd., was allegedly cheated of Rs 76 lakh by Khalid Khan and Nimit Digra.
Singh was introduced to Nimit Digra in August 2023 by a business acquaintance, Awadh Kishore Thakur. Digra presented himself as Khalid Khan’s manager and arranged a meeting with Khan. Khan claimed he could secure a Rs 50 crore loan from SKK International Builders and Developers, located at Premier Residency, Kohinoor City, Kurla (West), Mumbai.
Khan demanded a 2% processing fee for the loan. When Singh stated he could not pay the full amount upfront, he was asked to pay 50% initially.
On September 21, 2023, Singh transferred Rs 11 lakh via RTGS into the finance company’s account. Later, on October 6, he issued an ICICI Bank cheque worth Rs 65 lakh, which was deposited into Nimit Exim House’s account.
Despite these payments, Singh never received the loan. When he demanded a refund, Khan delayed and dodged the repayment. Singh deposited a cheque given by Khan, but it bounced. After repeated follow-ups, Singh managed to recover Rs 28 lakh, but Rs 48 lakh remained unpaid.
Frustrated and convinced he was defrauded, Singh filed an official complaint with the Vinoba Bhave Nagar Police Station against Khalid Khan and Nimit Digra.
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### Police Action and Investigation
The Vinoba Bhave Nagar police have registered two separate FIRs under Sections 316(2), 318(4), and 3(5) of the Bharatiya Nyaya Sanhita (BNS) related to these fraud cases and are actively investigating the matter.
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https://www.freepressjournal.in/mumbai/mumbai-fraud-builder-duo-duped-of-185-crore-in-fake-50-crore-loan-scam-vinoba-bhave-nagar-police-register-2-firs
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