Archive · 21 Aug 2025
Mumbai Police Investigating Guest House Fraud, ₹2.35 Crore Lost
A 69-year-old man from Malabar Hill says he was tricked out of a lot of money.
He was promised a place to run a guest house and gave the people in charge ₹2 crore.
However, they never gave him the space, and he lost even more money because of the delay.
The police are now looking into the case and are investigating the people involved for cheating.
D B Marg Police are investigating a case of cheating involving a 69-year-old man.
The victim, a Malabar Hill resident, was promised space for a guest house.
The accused took a ₹2 crore advance but didn't provide the premises on time.
The delay caused an additional financial loss of ₹35 lakh to the complainant.
The total amount the complainant was allegedly cheated of is ₹2.35 crore.
- Who
- Kundan Yagnesh Upadhyay (complainant) and Nita Anil Palrecha, Anil Bhavarlal Palrecha, Bababhai Supariwala, and Firoz Yusuf Khan (accused).
- What
- D B Marg Police registered a case against four individuals for cheating a man in a guest house deal.
- When
- The complainant was promised a guest house between undisclosed dates.
- Where
- Flox Chambers, Opera House, Charni Road, Mumbai.
- Why
- The accused allegedly took an advance deposit and failed to provide possession of the premises, causing financial loss.
Victim
Accused
Fraud Allegations
Victim
The complainant was cheated by the accused.
Accused
No information to represent opposing sides.
- Victim
- Kundan Yagnesh Upadhyay
- Accused
- Nita Anil Palrecha, Anil Bhavarlal Palrecha, Bababhai Supariwala, Firoz Yusuf Khan
- Location
- Flox Chambers, Opera House, Charni Road
- Amount Paid
- ₹2 crore (advance)
- Additional Loss
- ₹35 lakh
- Total Cheated Amount
- ₹2.35 crore
- Police Station
- D B Marg Police
