Man Arrested in Chennai by Police on Charges of Property Fraud

The Central Crime Branch of the Avadi City (Tamilnadu) Police detained a 40-year-old man for submitting fictitious paperwork in order to pledge property that belonged to the wife of a retired sub-inspector.

Gandhi, a former sub-inspector, reportedly complained to the police in Thirumullaivoyal about his family’s construction of a home on land that belonged to his wife, Vijayalakshmi. He and his son Ramesh went to a bank to get a loan when they were low on cash. The lack of permission for the building plan led to the rejection of the loan application.

Following this denial, a group of five individuals, including Senthilnathan and Siju, contacted the family and asserted themselves to be processing agents for bank loans. The men said that Vijayalakshmi required a power of attorney in order to process the loan, so they secured one and paid the family ₹5 lakh.

After that, the family became suspicious and after getting an encumbrance certificate, they checked their property records. Two people, Prabu Daniel and Catherine Mary, with the UCO Bank, Anna Salai, had mortgaged the plot, which shocked them.

Also read: The Importance of Newspaper Public Notices for Real Estate Transactions

The gang had gotten a life certificate by forging Vijayalakshmi’s signature, according to further investigations. They mortgaged the property and executed a selling deed to a man named Prabhu Daniel using these false papers.

According to the police, the accused mortgaged the property, which is currently worth about 85 lakh. The police detained and placed Siju Joseph John, a 40-year-old man from Ekkattuthangal, in judicial detention as the main suspect.

While cases like this are common, they are certainly avoidable through the use of the latest technology, like the Property Watcher App, which gives property owners real-time updates regarding their property usage, paper work, tax assessment, and more.