Lawyers defrauded, real estate firm Vipul Ltd's CEO arrested in Gurugram
Accused Puneet Beriwala had promised the lawyers good returns, but after taking their money, he stopped responding
The Gurugram police have arrested Puneet Beriwala, the CEO of real estate enterprise Vipul Limited, for allegedly cheating several lawyers of Rs 6 crore by fraudulently investing money in a project and promising good returns.
Beriwala (62) of Malviya Nagar, Delhi, was living in Sector 42, Gurugram. The police took him on two days of remand after producing him in a city court on Saturday.
Some lawyers had filed a complaint on October 1, 2025, that in 2024, they had invested Rs 6 crore with Vipul Limited for a project. Vipul Limited's CEO Beriwala had promised them good returns, but after taking the money, he stopped responding. They alleged that despite repeated requests, their money was not returned.
In August last year, the complainant lawyers had staged a protest outside V Club, raising slogans and demanding strict legal action against Beriwala.
Based on the complaint, an FIR was registered under relevant sections at Shivaji Nagar Police Station against Beriwala and his associates Sunil Bhandari and Praveen Gupta. The investigation of the case was assigned to the police’s economic offence wing (EOW-2).
While investigating, the team of EOW-2 arrested the Beriwala on Friday who confessed that instead of returning the money to the complainants, he invested it in other projects.
“We are questioning the accused after taking him on police remand and are conducting raids to nab his associates,” said a spokesperson for the Gurugram police.
Despite several attempts, Vipul Ltd did not comment on the matter.
