Srinagar, Nov 25: The Economic Offences Wing of Crime Branch Kashmir has uncovered a Rs1.66 crore fraud involving a fake property deal, filing a chargesheet against four persons before the Court of Chief Judicial Magistrate, Srinagar for allegedly deceiving a victim through a criminal conspiracy and fraudulent documents.
The four persons involved in the the scam have been identified as Abdul Wahid Khan S/o Abdul Qayoom Khan R/o Khan Mohalla, Baghat-e-Barzulla Srinagar; Mohammad Yousuf Malik S/o Late Mohammad Ramzan Malik R/o Nai Sarak Habba Kadal Srinagar A/P Natipora Srinagar; Mohammad Ashraf Mir S/o Ghulam Nabi Mir R/o Hakhripora Pulwama; and Mohammad Maqbool Shah S/o Late Shamas-ud-din Shah R/o Peerbagh Srinagar.
According to a CBK spokesperson, “the case originated from a complaint alleging that the complainants, who intended to purchase a house with sufficient land, were approached by these accused persons posing as property dealers. The accused allegedly presented a double-storey house with one kanal and five marlas of land at Chinar Colony, Baghat-i-Barzulla, owned by Mst. Koshaliya Wd/o Jawahar Lal Rafiz, and induced the complainants to pay Rs. 1.16 crore by preparing false agreement to sell migrant property.”
“It is further alleged that the accused subsequently have inflated the sale price and extracted an additional Rs. 50 lakh, bringing the total amount to Rs. 1.66 crore. The complainants were neither handed possession of the property nor refunded their money. Investigation established that the accused hatched a criminal conspiracy and executed fraudulent documents to misappropriate the complainants’ hard-earned money.” the statement said.
It further said that a charge sheet in FIR No. 14/2018 under Sections 420, 468, 471 read with 120-B RPC has been filed before the Court for judicial determination.
The spokesperson said that during the course of proceedings, the Court has remanded two of the accused namely Mohammad Yousuf Malik S/o Late Mohammad Ramzan Malik R/o Nai Sarak Habba Kadal Srinagar A/P Natipora Srinagar and Mohammad Maqbool Shah S/o Late Shamas-ud-din Shah R/o Peerbagh Srinagar to judicial lock-up. (KDC)
