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86 Buyers Became Pray Of House and banking corporation (HBC) Fraud

Courtesy/By: Renu Kathale | 08 Jun 2019

House and banking corporation (HBC) popularly known for its real estate business in Mumbai, initially offered flat at throwaway rates by advertising on various portals, but now has closed down their business when people invested in their corporation. Almost 86 people who invested in flats seized by bank faced this fate.

However police took step by registering case of cheating and forgery against the HBC owner, Ravi Trivedi, and its officials including Ankit Saha, Amol Mane, Ankit Bulbule, Prashant Shinde and others.

Vijaya Lakshmi Trimal aggrieved by the action of HBC stated that, “She felt pray to an advertisement popping flat seized by bank for loan defaults which were offered for very cheap prices in 2017-2018 and booked one of it on Mira road in Thane after enquiry through representative.”

Trimal further added when she went to check the flat it was locked and sealed by the bank. Also she paid an advance of rs.1.5lakh to HBC. It came to knowledge of Trimal and others who invested in this scheme that HBC had shut its office at Pannalal compound on LBS Marg in Bhandup and became victim of cheating.

Courtesy/By: Renu Kathale | 08 Jun 2019