Home News Reports Businessman with ties to Tarun Tejpal arrested by Delhi Police for fraud while trying to flee the country

Businessman with ties to Tarun Tejpal arrested by Delhi Police for fraud while trying to flee the country

Coincidentally, Monty has ties with Tarun Tejpal, the disgraced founder-editor of Tehelka, who is accused of rape.

Manpreet Singh Chaddha alias Monty Chadha, son of deceased liquor baron Ponty Chaddha, was arrested by the Economic Offence Wing (EOW) of the Delhi Police on Wednesday night from the Indira Gandhi International airport while he was leaving for Phuket.

Monty was booked by the EOW Delhi Police in January 2018 in a cheating case over allegations of duping the investors of over Rs 100 crore in a real estate project at NH24. In the FIR, it is alleged that Uppal Chadha Hi-Tech Developers Pvt Ltd did not deliver their promised hi-tech township in Ghaziabad. A case was registered under IPC sections 420 (cheating), 406 (criminal breach of trust) and 120B (criminal conspiracy) after a complaint was filed by K Ramesh, Kaveri Ramesh and others.

The complainants had claimed that the company launched a project in 2006 at NH-24, Ghaziabad, a year after the Ghaziabad Development Authority (GDA) formulated a policy for the development of a Hi-Tech City, thereby providing a platform to real estate developers to develop smart townships with modern facilities at the place. The 29 victims who have approached the Police thus far booked lots sometime during 2005-05 after approximately paying a sum of Rs. 4.5 crores.

- Ad - - article resumes -

Monty had not been arrested until he made an attempt to flee the country. A Look-Out Circular (LOC) was issued 10-15 days ago as a consequence of the case registered against him and immigration authorities informed the Delhi Police based on it. An LOC is issued to prevent an accused or a suspect from leaving the country.

As per the FIR lodged in the matter, agents of the company “approached the public with an early-bird booking discount offer on plots in the proposed project… situated in the villages of Kachera, Dujana and Mehrauli of Ghaziabad. The possession of the plot was to be given within eight months from the date of allotment, as per the accused company’s documents”.

Additional CP (EOW) Suvashis Choudhary said, “The complainants received letters in November 2009 from the alleged company stating therein that all necessary licenses and approvals were obtained and the first phase of 1500 acres has been approved by the government. The details about sectors and plots were being finalized with the government.”

“In 2011, they received a demand letter signed by Vice President of the alleged company but to their utter shock and surprise the name of the company, the township and the address of the company were changed and all payments were sought in a new entity namely Wave City NH-24,” he added.

Coincidentally, Monty has ties with Tarun Tejpal, the disgraced founder-editor of Tehelka, who is accused of rape. According to a report by Indian Express, Monty’s father Ponty had decided to invest in a private club for elite Indians proposed by Tejpal after the latter made a business presentation on the concept of an exclusive private club. After Ponty was murdered in 2012, his son Monty decided to honour all his father’s business commitments. The establishment is called ‘Prufrock’.

Help Opindia Reach Every Indian. Share This Post
We need your support to survive in the media industry. Please consider paying us for the content we produce:

To know more about these payments, please click here.


Big Story

BJP leader P K Krishnadas had alleged that the campus was an SFI stronghold and that the principal was denying the ABVP members the right to carry out their organisation's work.

2019 World Cup Is Here!

Catch the latest on Cricket World Cup as it unfolds, special coverage by Opindia

Proud to be a brand - Made in India?
Now, Advertise on Opindia

Here are 15 famous quotes from Harsha Bhogle during his commentary stint

The famous Indian commentator, Harsha Bhogle, born on July 19 in Hyderabad is celebrating his 58th birthday today.
Couple forced out of village; husband pressurised to accept wife’s religion

Hindu boy’s family forced out of village for marrying Muslim girl, police advices boy to convert as villagers threaten to kill

Newlywed Hindu boy and Muslim girl approach SSP for protection as villagers threaten to kill them and local police ask the boy to convert

Mangaluru villagers caught Mohammad Ansari raping a calf, police arrests villagers for ‘hurting religious beliefs’

In the Kunjathbail village in Mangaluru, Mohammad Ansari was caught red-handed by the villagers while he was raping a calf.

Mangalore: Mohammad Ansari rapes a cow by tying its limbs, villagers catch him in the act, arrested

The villagers also made Ansari touch cow’s feet and ask for forgiveness for raping her. However, when Ansari approached the calf, the animal freaked out and started running.

Revisiting Sainbari, a blot on Indian Democracy: When Communists made a mother eat rice with her dead sons’ blood

The Sainbari incident remains the most horrific instance of political violence in the country.
Delhi Police bust Taliban controlled drug cartel that used jute bags to smuggle heroin worth 5000 crores

Delhi police bust Taliban controlled heroin racket, Afghan-Pakistani cartel worth 5000 crores discovered

Delhi police's special cell has busted a sophisticated Afghan-Pakistani heroin cartel that used heroin-soaked jute bags carrying spices and dry fruits to smuggle the drug into India.

Abusive actor Ajaz Khan arrested by Mumbai Police for instigating violence through social media

Mumbai Police arrests small-time actor Ajaz Khan after he mocked the police on TikTok
Salma Ansari's temple plan receives AMU's objection

AMU administration’s jolt to Mrs Ansari’s secularism pitch, says no to temple plan inside ‘Chacha Nehru Madarsa’

Salma Ansari, the wife of former vice president Hamid Ansari, had announced recently that she will have a temple built inside the 'Chacha Nehru Madarsa' that she runs in AMU campus.

Serial abuser Ajaz Khan, who was arrested for inciting communal tensions, sent to judicial custody for 14 days

Ajaz Khan was arrested by the Mumbai Police Crime Branch for uploading provoking videos promoting enmity between different communities on his social media pages
Islamic extremism

Two youths, Shekhar and Basant forced to chant religious slogans by a mob that showed them Tabrez Ansari’s video, stabbed when refused

As Shekhar and Basant refused to raise religious slogans, the angry men reportedly stabbed them with knives.
Subscribe to Day's Top Stories
- Advertisment -

Latest articles

Connect with us

173,688FansLike
159,664FollowersFollow
74,898SubscribersSubscribe
Help Opindia Reach Every Indian. Share This Post