As per the sources of police, the managing director of Jaypee Infratech along with three more officials of the same firm have been accused of misleading and double-crossing an investor.
A resident of Ghaziabad, who had invested in Jaypee Infratech, has filed a complaint at a police station of Dankaur against the Managing Director, Chief Manager, Senior Chief Manager and Joint Managing director of Jaypee Infratech, on account of being duped and deceived by the firm.
The resident of Ghaziabad has accused the firm saying a flat was booked by him in the “Sports City” project by Jaypee Group in 2013. He was promised the possession in 3 years by the developer.
But, according to him, when he went to the site after the deadline, the construction work was not even started by the Jaypee Group.
Later, the complainant went and approached the YEIDA (Yamuna Expressway Industrial Development Authority) and he was informed that Jaypee Group had not even received the layout of that particular housing project.
Going with what has become very popular nowadays, the complainant informed about the entire thing to the Chief Minister, Yogi Adityanath, in a tweet. Later, a legal complaint was filed by him in the police station.