Gujarat BJP leader, brother arrested in Rs 3-crore investment fraud case

Former Amreli district BJP vice-president Suresh Pansuriya and his brother Manish have been arrested in Vadodara city on charges of a Rs 3-crore investment fraud. The arrest came after a tip-off, with the brothers apprehended at their residence in Vemali. Three other family members remain at large. The Pansuriya brothers are accused of defrauding two real estate projects on Harni-Sama Link Road, luring investors with the promise of monthly returns of up to 2%.

However, the promised returns ceased in January 2025. The Shahs allege that construction at the projects was incomplete and that loans were taken against properties, with cheques issued to them dishonoured. The investigation also uncovered previous criminal complaints against the brothers and an alleged land grabbing case in Amreli district.