Srinagar, Nov 25: The Economic Offences Wing of Crime Branch Kashmir has filed a chargesheet against four people accused of cheating buyers in a ₹1.66 crore property scam, officials said.
The accused allegedly posed as property dealers and convinced the complainants to buy a house and land located at Chinar Colony, Baghat-i-Barzulla in Srinagar. They reportedly forged documents of a migrant property belonging to a woman named Koshaliya and took ₹1.16 crore from the buyers through a false agreement.
Later, the accused are said to have increased the price of the property and took an additional ₹50 lakh from the complainants. Despite receiving the full amount, they neither handed over the property nor returned the money.
After investigation, Crime Branch Kashmir found that the accused had conspired to cheat and used fake documents to grab the money. A chargesheet has been filed before the Chief Judicial Magistrate, Srinagar under relevant sections of fraud and forgery laws.
Two of the accused have been sent to judicial custody as the legal process continues. The Crime Branch has urged people to remain alert against such fraudulent activities.
