The Economic Offences Wing (EOW) of the Mumbai police on Sunday took Jayesh Tanna, a builder accused of duping homebuyers who invested in a Goregaon project, into custody. Tanna had been lodged in the Arthur Road jail in connection with previous cases against him. The EOW case against Tanna is the ninth and latest wherein 27 people were defrauded of a collective Rs 40 crore.

Tanna, 56, is the director of Sai Siddhi Developers. According to the police, Tanna, along with two other directors of the company, lured victims and defrauded them. “We have arrested Tanna over his alleged involvement in the scam. Nine cases have been registered against him, and the Maharashtra Control of Organised Crime Act (MCOCA) has been invoked,” said an officer from the EOW.