Man applies for 'home' online, duped of Rs 58 lakh

The businessman saw ‘flats for auction’ on a website and was led into believing that the suspects, now on the run, had been authorised by the bank to strike a deal with buyers to auction flats of people who default on home loans.

Bangur Nagar Police Wednesday registered a case of cheating, and applied sections of the IT Act, against director, manager and partner of a company named Flex Next Auction Pvt Ltd for allegedly forging property documents of flats that banks seize from loan defaulters and put up for auction.

According to Bangur Nagar police, complainant Rakesh Salunkhe had come across a website, flexnext, on which flats which a nationalised bank purportedly wanted to auction were listed.

The website claimed that people working for the said company had the authority to sell flats that banks had been wanting to dispose of through auctions.

Seeing the website, Salunkhe called up the number mentioned on the website. Salunkhe was called to their office in Goregaon west.

Salunkhe, in his complaint, said he spoke to the company director, who allegedly told him there was a flat in Bangur Nagar.

In his complaint, Salunkhe said the director, identified as Kailash Parekh, had shown him a letter about the auction purportedly issued by the bank.

Parekh and his partners allegedly demanded Rs 58 lakh from Salunkhe as

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