The Kasturba Marg police have arrested a builder and his son for cheating of investors and homebuyers of several crores by offering flats that were never delivered. Ashok Jethwa, 55, and his son Mihir Jethwa, 35, were picked up from Ernakulam by Zone 12’s special team and are being brought to Mumbai.

Investor loses Rs 1.74 crore

A 50-year-old Khar West resident told police he had known the accused since 2016. They claimed they were redeveloping a project under Triveni Developers in Borivli East and offered him three flats in Borivli Nil Akash co-op housing society.