Real estate dealer dupes partner of Rs 6.70-cr

Nagpur, Jul 1: A real estate dealer, who allegedly duped his business partner of over Rs 6.70 crores between March 2010 and June 2011 has been booked for fraud, police said today (Jul 1).

The incident came to light after Vaishali Anand Kshirsagar (32) lodged a complaint that her partner Avinash Manohar Sherekar deceived her by fraudlently withdrawing money to the tune of more than Rs 6.70 crore.

Sherekar obtained blank cheques and stamp papers from his partner and committed the offence. He along with his men also threatened her and took away a four wheeler, it said.

Police registered offences under relevant section of IPC including 420, 379, 406 and 341 against Sherekar, last night. No arrests have been made so far, police added.

PTI