Broker cheated of Rs 2.5 crore;two booked 
 
HERALD REPORTER
VASCO, MAY 31 – After facing stiff opposition from the public, real estate 
dealers have begun to feel the pressure from within the fraternity.
Verna Police on Saturday booked a case against two real estate dealers from 
Alto-Dabolim on charges of cheating a New Delhi-based real estate broker to the 
tune of a staggering Rs 2.51 crore.
According to Verna Police, Geetanjali Khosla, a real estate broker from 
New-Delhi has filed a complaint, accusing Prashant Borkar and Sydney D’Souza, 
both from Alto-Dabolim, of cheating her to the tune of over Rs 2.51 crore by 
not paying her brokerage fees. 
Police said Khosla was involved in a land deal of over 2 lakh square meters at 
Loliem-Canacona between October 2006 and July 2007. 
Prior to the deal, there was Memorandum of Understating (MoU) signed between 
both the accused, also brokers in the land deal, and Khosla, police added. 
Khosla claimed that Borkar and Sydney had failed pay her the assured commission 
till date.
After obtaining legal opinion in the matter, Verna police registered a case 
against the accused, Borkar and D’Souza, under Section 420 r/w 120B of IPC and 
is investigating the case.  
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