NRI investor alleges villa-for-project barter scam, Gurgaon builder denied bail
A Gurgaon court denied bail to a builder accused of duping an NRI investor in a multi-crore property deal. The judge cited "deliberate deception" and potential conspiracy, noting allegations of forged signatures and siphoned funds. The builder allegedly used a dormant bank account for buyback cheques, indicating intentional fraud. The court emphasized the rising trend of economic offenses against investors.