ACCUSED P.D. GAIKWAD CHEATED AND MISAPPROPRIATION OF FUNDS OF MORE THAN RS. 11 CRORES BY INDUCING THE PROFESSORS OF JNU ON THE PRETEXT OF PROVIDING AFFORDABLE HOUSING PROJECT UNDER THE GUISE OF PURPORTED DDA APPROVED LAND POOLING POLICY
(MOREPIC1) Face2News/New Delhi
An FIR was registered on the complaints of professors, working in Jawahar Lal Nehru University (JNU) and IIT, Delhi by the Economic Offences Wing of Delhi Police. It was alleged by the complainants that in the year 2015, accused P.D. Gaikwad, who was working as a Scientific Officer at the School of Environmental Sciences, JNU, New Delhi, formed the Noble Socio-Scientific Welfare Organization (NSSWO) claiming to provide affordable housing.
He made a presentation and enticed them to become members of the said organization. In his capacity as the President of the said organization, accused P.D. Gaikwad provided them details of a proposed housing project under a DDA land pooling policy for which he said that NSSWO was in the process of procuring land in the proposed L-Zone.
Accordingly, complainants became members of NSSWO and booked units in the said proposed project. The complainants paid membership fees and payments for their flats. The alleged person apprised them of progress of the project from time to time, which they realized were untrue on hindsight. On November 1, 2015, alleged took them to show a piece of land in the L-Zone, Najafgarh. However, he did not show any document supporting the purchase of the land.
Over the years, they came to realize that he was cheating the complainants right from the beginning in the name of providing them their booked units in the said purported project under the land pooling scheme of DDA.
In 2019, Dr. Gaikwad informed the complainants by an email that he was going to launch a different Society namely Siddhartha Officers Housing & Social Welfare Society through Govt. of NCT of Delhi and as a member of NSSWO, complainants could change their membership to the new society by visiting his office in JNU. He did this without holding a GBM with NSSWO members. Since 2019, the complainants have been writing to Dr. Gaikwad to return their money but they did not receive any acknowledgement for any of these communications. Accused P.D. Gaikwad has collected more than Rs. 11 crore from the above members/complainants and misappropriated the same.
INVESTIGATION: Mr. Surendera Choudhary, DCP EOW, said, during investigation, complainants provided the materials/brochures and receipts issued by accused P.D. Gaikwad. On scrutiny, it was found that materials/brochures were containing very rosy and artistic pictures of a housing project and the same was also depicting the land pooling policy of DDA.
Accused P.D. Gaikwad had formed a Society namely Noble Socio-Scientific Welfare Organization (NSSWO) for the purpose of said cheating and became President of the said Society. Emails sent by P.D. Gaikwad to the members on regular basis also contained the elements of inducement depicting the land pooling policy of DDA. However, during investigation, DDA informed that DDA has not issued any license or granted any approval to any housing project under land pooling policy in Dwarka or any other land pooling zones nor authorized any developer/builder/ society/company including NSSWO to offer any flat in the name of DDA under land pooling policy.
(SUBHEAD)RERA (Delhi) has confirmed that the alleged Society has neither registered itself with RERA nor applied for registration. Scrutiny of the bank account of the society reveals that he received more than Rs. 11 Crores in the said bank account of the society from the members of the said Society, however, the funds were either siphoned off through cash withdrawal or transferred to other accounts.
MODUS OPERANDI: Cheated several victims in lieu of providing affordable housing project under the guise of purported Land Pooling Policy of DDA.
TEAM: A team comprising of Inspector Kamal Kohli and ASI Pardeep No. 203/EOW under the close supervision of ACP Sh. Hari Singh and overall guidance of Sh. Surendra Choudhary, DCP/EOW was working on the investigation and tracing of accused in this case. When the notices were served upon accused P.D. Gaikwad, he was not found on his available addresses. After making sincere efforts, the accused was arrested in the present case on 14.12.2023.
KNOW THE ACCUSED: P.D. Gaikwad S/o Sh. D.M. Gaikwad , Sector-37-D, Ramprastha City, Gurugram, Haryana-122006, aged about 63 years was born in Nagpur, Maharashtra. He completed his 10+2 from Dr. Ambedkar College, Nagpur and thereafter, he did B.Sc from Sindhu Mahavidhyala, Nagpur and M.Sc from Nagpur University, Nagpur, Maharashtra. Thereafter, he came to Delhi and joined Jawahar Lal University as Senior Technical Assistant. Later in the year 2010, he came to know about some societies, indulged in making money by offering affordable housing schemes in the name of land pooling policy of DDA.
Accordingly, he as President formed a Society by the name of Noble Socio-Scientific Welfare Organization (NSSWO) in 2011. As the other Societies were making profits by inducing government employees and other people in their societies as members of Society, he also started making presentations and had meetings with professors of JNU and other government employees and enticed them to become members of the Society in the name of land pooling policy of DDA.
He informed them that his Society was in the process of procuring land in the proposed L-Zone under the DDA land pooling policy. As he was a permanent and senior official in JNU, they believed his words and became members in the said Society.
Thereafter, he started collecting money from them in the name of purchasing the land for the project in the account of said society. He was the only authorized signatory in this bank account. He had also made a website in the name of said Society, on which he posted attractive and rosy brochures in respect to the proposed project under land pooling policy of DDA which did not have any approval from DDA for the said project and for collection of money from the members. From 2011 till 2021, he collected more than Rs. 11 crore in the said account from the members and misappropriated in the form of cash withdrawal and transferred to other persons in the name of purchasing land and services rendered by liaisonor.
