Fugitive businessman Mehul Choksi has been booked for cheating a construction firm of Rs 37 crore. Choksi allegedly sold his property at Borivli East to the complainant's company without informing him about the status of his financial condition.

The complainant's company not only paid Rs 29 crore to buy the property, but also spent around R8 crore to complete the project. After Choksi fled India, the construction company found out that ED would be attaching the property.