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Former director of Lodha Developers arrested in fraud case
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....ormer director of Lodha Developers arrested in fraud case<BR>PTI News<BR>Dated:- 17-9-2025<BR>PTI<BR>Mumbai, Sep 17 (PTI) A former director of real estate company Lodha Developers was arrested on Wedn....
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....esday for his alleged role in a fraud, officials said. Accused Rajendra Lodha was taken into custody from his residence at Worli in central Mumbai by the property cell of the Mumbai Crime Branch, a s....
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....enior police official said. Rajendra Lodha’s alleged involvement in the fraud came to the fore during the investigation, following which he was arrested, he said. He was produced in a court, which....
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.... remanded him in police custody till September 23, the official said. Lodha had resigned from the post of director of Lodha Developers last month after the company’s ethics committee reviewed his c....
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....onduct. Further probe in the case is underway, the official added. Reacting to the development, Lodha Developers said in a statement, “The company maintains a strict zero-tolerance policy towards a....
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....ny misconduct, irrespective of the seniority or position of the individual concerned. “At the company’s request, Mr Rajendra Lodha resigned from all positions held within the organization on Augu....
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....st 17, 2025. For the sake of transparency, we note that he is a distant relative (fourth-degree) of the company’s Managing Director and CEO.” PTI DC NR<BR> News - Press release - PIB....