Ex-Lodha Director Lodha Faces Arrest in Fraud Case

Rajendra Lodha, a former director of a real estate company, is accused of using his position to commit fraud.

He's suspected of selling company land at low prices to a company his son owned, causing the company to lose a lot of money.

He is also accused of moving money to his son's account.

Witnesses have made statements and police have found evidence, including CCTV footage.

The police are still investigating, and a court has extended Lodha's custody to allow for more investigation.