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Ludhiana industrialist booked for fraud

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A case under Section 420 of the Indian Penal Code (IPC) has been registered against Jagpreet Singh by the Model Town police.  Jagpreet is a resident of Princeton Towers, Pakhowal Road. The case has been registered on the complaint of Rajinderpal Singh, a resident of Bhai Randhir Singh Nagar.

Rajinderpal told the police that the accused owned an industrial unit ‘Sudarshan Steel Rolling Mills’ at Focal Point, Phase V. He had made a deal to sell 500 square yard land from out of his factory land for Rs 70 lakh in July 2014. Rajinderpal Singh said even after he had made the full and final payment against the piece of land, the accused person failed to get the sale deed registered in his name.

When he asked for a refund of his money, the accused issued cheques that bounced when presented to the bank. The police are investigating the matter. No arrest had been made in this regard so far.

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