Late liquor baron Ponty Chadha’s son Monty Chadha arrested at Delhi airport

The Delhi Police had registered cases of cheating against Monty Chadha and several other family members and employees in 2018. Additional Commissioner of Police (EOW) Suvashish Chaudhary said that Chadha would be produced before a magistrate on Thursday.

Written by Newsroom Staff June 13, 2019 13:30

New Delhi: The Economic Offences Wing of Delhi Police arrested late liquor baron Ponty Chadha’s son Manpreet Singh Chadha alias Monty Chadha from the Indira Gandhi International Airport late on Wednesday night in connection with a cheating case.

Before his arrest, the airport’s security staff and immigration officers were alerted and Look Out Circular (LOC) was issued against Mr Chadha.

The Director of Uppal-Chadha Hi-tech Developers Private Limited and Vice Chairman of Wave Group is accused of cheating people of around Rs 100 crore by making fake promises of giving flats at cheaper prices.

The Delhi Police had registered cases of cheating against Monty Chadha and several other family members and employees in 2018. Additional Commissioner of Police (EOW) Suvashish Chaudhary said that Chadha would be produced before a magistrate on Thursday.

A Look Out Circular (LOC) was issued against him and other promoters of the Wave Group for cheating in 2018.

His father Ponty Chadha and his uncle were killed in a shootout at a farmhouse in 2012. The shootout took place in South Delhi over an alleged property dispute. Following this, Monty Chadha has been managing the business.