A red-corner notice has been issued against Rasheed Naseem, the fugitive realtor who have duped customers to the tune of Rs 350 crore promising them plots and flats and fled to Dubai. The Union Home Ministry issued the notice following a request from UP police economic offences wing. Rasheed who promoted Shine City project collected Rs 350 crore from many promising them plots and flats.
Later, he fled to Dubai. In this backdrop, at least 290 cases have been registered across UP against him and his company promoters. Earlier, the police announced a reward of Rs 5 lakh to anyone giving information about him leading to his arrest. The police have found out that Naseem is taking shelter currently in Dubai. A red-corner notice has been issued against him to prevent him from slipping away from there.
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