A fraud case has been registered against four Wave Group directors on the court’s order in Noida. The names of the accused are Manpreet Singh Chadha alias Monty Chadha. These four directors are accused of cheating in the name of Wave Business Tower-1.
It is alleged that in the year 2012, four people including Wave Group Director Manpreet Singh Chadha alias Monty Chadha, Charan Jeet Singh, Harmandeep Khandari, had committed forgery and cheating. In this case, an FIR has been registered against 3 directors of Wave Mega City Center and 1 Finance Chief Narayan Jha.
On the complaint of victim Piyush Sharma residing in Noida Sector 25, the court has issued a decree to register a case in this regard. It is alleged that Wave Group Director Manpreet Singh Chadha alias Monty Chadha along with his associates had cheated Rs 50 lakh from Noida resident Piyush Sharma in the name of a project called Wave Business Tower.
The victim Piyush had booked office space in the Wave Group. But in its name, Rs 50,06,597 was grabbed from Piyush. Even on shifting to another project, he was not given possession. Piyush approached the court after getting upset. On the court’s order, fraud cases were registered under sections 420, 467, 468, 471, 504, and 506 of IPC against 4 directors including Wave Group director Manpreet Singh Chadha.
Now in this case on the order of the court, a case has been registered in Sector 20 police station of Noida. The police have started investigating based on the allegations. In this case, four nominated and other unknowns including three directors of the Wave Group have been named as accused. It is alleged that Monty Chadha has looted crores of people in the name of Wave Business Tower.