🚨 PASH Investment Solution Fraud Alert 🚨

Protecting Investors from Real Estate Scams

PASH Investment Fraud Exposed: How They Scammed Investors with Fake Cheques

Key Events:

  • September 2023: Was approached by Mr. Sanket Rustagi from PASH Investment for Urban Oasis project in Gurugram with commission-sharing promise
  • Initial Promise: Agreed to retain only 0.5% commission and pass back remainder from property value of ₹3.9 Crores
  • Investment Made: Successfully secured flat booking and transferred ₹10 Lakhs to builder's account
  • Terms Changed: After booking, Sanket unilaterally changed terms to keep 1% instead of 0.5% on revised ₹4 Crores valuation
  • Fake Cheque Issued: Mr. Himanshu Rustagi provided fraudulent cheque for ₹6 Lakhs with impossible date logic (printed date 10/03/2023 but issued 08/01/2023)
  • Police Complaint: Filed complaint at Sector 65 Police Station, Gurugram but pursuing legal action as NRI is challenging
  • Current Status: Both agents have disappeared and refuse to honor the ₹6 Lakhs promised discount

📸 Evidence of Fraud

I have documented evidence of this fraud to help others identify similar scams:

Fraudulent cheque with two impossible dates - printed date 10/03/2023 and issued date 08/01/2023
**Tip: Click & zoom to inspect both red-boxed dates - Printed: 10/03/2023 (above payable) & Issued: 08/01/2023 (top right).**

Fraudulent Cheque - Multiple Errors

Key Fraud Indicators:

  • Impossible date logic: Printed date *10/03/2023* but issued date *08/01/2023* - a cheque cannot be issued 2 months before its printed date, proving deliberate fraud.
  • Forged signature
  • Invalid comma placement in numbers
  • Deliberate errors to avoid payment
Cheque envelope from PASH Investment with company address

PASH Investment Envelope

Company Evidence:

  • Official PASH Investment branding
  • Company address visible on envelope
  • Used to deliver fraudulent cheque
  • Proof of direct company involvement
Police complaint filed at Sector 65 Police Station

Police Complaint

Filed at Sector 65 Police Station, Gurugram

🚩 Red Flags to Watch Out For

💰

Commission Sharing Promises

Be extremely wary of brokers who promise to share their commission with you. This is often used to lure victims.

📋

Changing Terms After Commitment

If terms change after you've made payments or commitments, this is a major red flag.

📄

Suspicious Documents

Check all dates and details carefully. Fraudsters often use incorrect dates to invalidate documents.

📱

Screenshot "Proof"

Screenshots are not valid proof of business practices. Demand official documentation.

🏃

Disappearing Act

Legitimate brokers don't disappear when it's time to honor their commitments.

⚖️

No RERA Complaint Option

I found no option in RERA to file complaints against real estate brokers, making recovery difficult.

🏠 Home Buyers Alert: Gurgaon Real Estate Fraud

URGENT ALERT: The real estate market in Gurgaon (Gurugram) has become a hotbed for broker fraud and investor scams. Home buyers must be extremely cautious when dealing with property agents and investment firms.

🚨 Common Real Estate Fraud Patterns in Gurgaon

🎭

Commission Kickback Scams

Brokers like PASH Investment promise to share their commission with buyers to make deals seem more attractive. They then disappear or provide fake cheques.

📄

Fake Documentation

Fraudulent agents provide forged signatures, incorrect dates, and invalid financial instruments to avoid honoring agreements.

🔄

Bait and Switch Tactics

Initial attractive terms are changed after payments are made, pressuring buyers to accept unfavorable conditions.

🏢

Ghost Companies

Firms operate without proper licensing, using impressive names and fake credentials to appear legitimate.

💸

Advance Fee Fraud

Demanding upfront payments for "exclusive deals" or "guaranteed approvals" that never materialize.

🌐

NRI Targeting

Specifically targeting Non-Resident Indians who cannot easily pursue legal action from abroad.

🏙️ Why Gurgaon is a Fraud Hotspot

🚀 Rapid Development

The city's rapid growth attracts both legitimate investors and fraudsters looking to exploit the boom.

💰 High Property Values

Expensive real estate means larger commission amounts, making fraud more lucrative for scammers.

🌍 International Buyers

Many NRI investors are targeted as they cannot easily verify claims or pursue legal action.

⚖️ Regulatory Gaps

Limited options for filing complaints against real estate brokers in RERA and other regulatory bodies.

🛡️ How to Protect Yourself

1

Verify Broker Credentials

  • Check RERA registration for agents and projects
  • Verify company registration with ROC
  • Ask for official business licenses
  • Research company history and reviews
2

Document Everything

  • Keep written records of all promises
  • Record phone conversations (if legal)
  • Photograph all documents before signing
  • Maintain email trails of communications
3

Independent Verification

  • Visit the property site independently
  • Verify with the builder directly
  • Get second opinions from other agents
  • Consult with real estate lawyers
4

Payment Safety

  • Never pay cash - always use traceable methods
  • Make payments directly to builders, not brokers
  • Avoid advance payments for "exclusive deals"
  • Get receipts for every transaction

Share Your Experience

Have you been scammed by PASH Investment or similar real estate fraud? Share your story to help others:

Stories from Other Victims

Be the first to share your story and help others avoid fraud.

Contact & Legal Action

🚨 If You're Currently Dealing with PASH Investment:

  • STOP all transactions immediately
  • Document everything (screenshots, emails, cheques)
  • File a police complaint at your local station
  • Consult with a lawyer specializing in real estate fraud

📞 Report Fraud:

  • Cyber Crime Helpline: 1930
  • Consumer Helpline: 1915
  • National Consumer Helpline: 14404

⚖️ Legal Resources:

  • Contact your state's Real Estate Regulatory Authority (RERA)
  • File complaints with local consumer forums
  • Consider approaching High Court for serious fraud cases

⚠️ Legal Disclaimer & Protection Notice

Personal Experience Sharing: This website documents my personal experience and losses as a consumer under Article 19(1)(a) of the Indian Constitution (Right to Freedom of Speech and Expression) and Consumer Protection Act, 2019.

Factual Basis: All information shared is based on documented evidence including:

  • Official police complaint filed at Sector 65 Police Station, Gurugram
  • Physical evidence including cheques and correspondence
  • Personal communications and transactions
  • Financial losses incurred

Consumer Protection: This sharing is protected under Section 2(7) of the Consumer Protection Act, 2019, as consumer awareness and education to prevent unfair trade practices.

Good Faith Disclosure: All information is shared in good faith for public interest and consumer protection, without malice, under the defense of truth and public interest as recognized in Indian jurisprudence.

Evidence Available: Documentary evidence supporting all claims is available and has been submitted to appropriate authorities. This includes police complaints, financial transaction records, and communications.

Right to Response: The individuals and entities mentioned are welcome to provide their version of events with supporting documentation. Any factual corrections supported by evidence will be considered.

No Commercial Interest: This website has no commercial purpose and seeks no monetary gain. It is purely for public awareness and consumer protection.

Jurisdiction: Any disputes shall be subject to the jurisdiction of courts in Mathura, Uttar Pradesh, India, where the affected party resides, for convenience of legal proceedings.