Economic Offences Wing  (EOW) of Delhi Police has arrested of one proclaimed person namely Pradeep Paliwal @Mahesh Gupta S/o Ramesh Chand Paliwal R/o B-9/13, Vasant Vihar, New Delhi in case vide FIR No. 144/2017 dated 02/09/2017 U/S: 420/406/120-B IPC, PS EOW New Delhi. He was arrested after one year of technical and manual surveillance, he was evading his arrest for the last seven years. 

In Jan, 2014 accused Pradeep Paliwal induced the complainant – Ms. Shakuntala to invest Rs.20 Cr in his business of Granite mining in Rajasthan and assured that he would pay him Rs. 50 Lakhs per month. On this assurances, complainant agreed to invest and MOU dt. 28.02.14, was executed between both of them. The complainants paid Rs. 13.45 Cr. through cheques/ RTGS and cash Rs. 3.15 Cr. from 28.02.14 to 23.09.14.

On 03.03.2014, Pradeep Paliwal got executed a sale deed in respect of 1.4 Hectares land in Vill. Mandi, Distt. Bhilwara, Rajasthan in favour of complainant - Smt. Shakuntala Devi for consideration of Rs. 21 Lakhs. The accused failed to fulfill his promise to the complainant. Hence, present case vide FIR No. 144/2017 dated 02/09/2017 U/s 420/406/120-B IPC, PS EOW, Delhi was registered.

The accused person hatched a well planned conspiracy and lured the complainant to invest Rs. 20 Crores through misrepresentation. After duping the complainant accused started shifting his hideouts from Delhi to many States for the last 7 years He stayed in several states including Karnataka, Maharashtra, Gujarat, Rajasthan, Punjab and Delhi.As he was a wanted criminal and he used to travel in these states by a vehicle (Pajero) registered in the name of his business partner just to avoid flights as his LOC was operational.

MODUS OPERANDI: The accused person hatched a well planned conspiracy and lured the complainant to invest Rs. 20 Crores through misrepresentation. After duping the complainant accused started shifting his hideouts from Delhi to many States for the last 7 years He stayed in several states including Karnataka, Maharashtra, Gujarat, Rajasthan, Punjab and Delhi.

As he was a wanted criminal and he used to travel in these states by a vehicle (Pajero) registered in the name of his business partner just to avoid flights as his LOC was operational.

After commission of offence accused Pradeep Paliwal shifted his hideouts from Delhi to other States i.e. Karnataka, Maharashtra, Gujarat, Rajasthan, Punjab and Delhi. As he was a wanted criminal and he used to travel in these states by his private Pajero No. RJ14UE0899 registered on the name of his business partner just to avoid flights as his LOC was opened. He never used at stay at a single location for more than 24 hours.

He used to travel thousands of kilometers though his vehicles only even from Punjab to Karnataka. He was using telegram accounts connected with unknown source of Internet and also used Whatsapp account/Mobile Number of Zimbabwe.

During investigation his source of internet was indentified and found that these numbers were registered on fake IDs'. Technical analysis disclosed that he was using telegram/whatsapp to contact his business associates that even detected for a short span whenever he was on movement to avoid his location to be detected.

After detailed analysis of data and informer, Four Teams were stationed in different locations at Banglore, Rajasthan, East Delhi and South Delhi. After collective analysis of technical and manual surveillance the location of accused person was traced near Park Hotel, Shahdara. All vehicles parked in Hotel were checked where were one vehicle Rajasthan No. RJ14UE0899 (White Pajero) was found parked.

The ownership of the Pajero was got verified and it was found to be in the name of one Shradha Jain who is a business associate of accused Pradeep Paliwal. After ascertaining and zeroing on the person, accused Pradeep Paliwal he was nabbed near Cross River Mall, Karkardooma, Delhi alongwith his associate Shri Vinayak Bhatt. Shri Vinayak Bhatt was handed over to CBI as he was wanted in CBI RC No. 10/2018. Further, interrogation and investigation of the case is going on. 

The present case was locked out by four teams of Police Officers consist of Inspector Dinesh Dahiya, No. D-4205, SI Anurag, No. D-4685, ASI Pappu Singh, No. 59/EOW, ASI Vinod Kumar, No.65/EOW, H.C Lokesh, No.291/EOW, H.C Dolly, No. 283/EOW, H.C Amit Kumar No. 150/EOW, Const. Tejpal, No.247/EOW and under the supervision of ACP, Shri Kapil Parashar and overall supervision of Shri Jitendra Meena, IPS, DCP/EOW.

ACCUSED: Pradeep Paliwal @Mahesh Gupta S/o Ramesh Chand Paliwal R/o B-9/13, Vasant Vihar, New Delhi, Age- 70 Yrs. He has studied upto 11th class at St. Anslan’s School, Ajmer. Thereafter he left studies and joined his father steel and iron business at Ajmer. He is the business of Granite Mining and Real Estate for the last 20 years and hails from Ajmer, Rajasthan.

His father had also business of Iron & Steel. Pradeep Paliwal has two brother (Sharad Paliwal and Praveen Paliwal) and one sister (Sarita Jain). He started his career in 1976 with the export business in the name of Bedi Lal Kapoor Chand in Naryana, Delhi. In 1981, he met to Rashmi Paliwal in Delhi and married her. He has two daughters namely Rashi and Poorvi Paliwal from this Wedlock.

Thereafter, he started his construction business. In the year 2007 he started Granite Mining Business in the name of Holystar Infra Ltd. at Rajasthan with office in Delhi. The relation of accused with his family are not good. He is not living with his wife and his daughters for last 7-8 years. He was surviving his life by living on rent on rotational basis in different cities i.e. Bangalore, Ahmadabad, Jaipur, Delhi where he was assisted by his friends Vinayak Bhatt his associate & paid director. In the year 2006 he reportedly got a HSIDC plot registered in his name with the help of forged papers regarding which FIR was lodged at PS Udyog Vihar, Gurgaon.

In the year 2015 he obtained loan from HDFC Bank to the tune of Rs. 12 Crores on already mortgaged property on which FIR was lodged at PS Karol Bagh which is being investigated by present in EOW. In the year 2017 he promised good quality Granite and returns to one Smt. Shakuntala Devi and singed MOU for Rs. 20 Crores but he could not fulfil his promise due to which present case was registered in which he has been arrested.

In the year 2018 CBI vide RC No. 10/2018 registered a case as his loan account became NPA due to non-payment of loan amount of Rs. 28 Crores. His company Holystar is also under scanner of Directorate of Enforcement.

INVOLVEMENTS:  FIR No. 144/17 PS EOW, Delhi:- a case of cheating regarding misrepresenting providing granite mines in Rajasthan (Rs. 20 Crores).,FIR No. 494/15 PS Karol Bagh, Delhi:- Now being investigated by EOW it is the case of dual mortgaged of the property. FIR No. 10/18 PS BS & FC, CBI, Delhi:- a case of obtaining loan on the basis of forged documents from IDBI Bank to tune of Rs. 24 Crores. • FIR No. 727/06 PS Udyog Vihar, Gurugram, Haryana:- a case wherein the accused persons got registered a property on the basis of forged documents. • M/s Holistar Infrastructure Pvt. Ltd. of accused Pradeep Paliwal is also under scanner of Enforcement Directorate.