Gurugram police have arrested two individuals for allegedly defrauding investors through fake real estate projects linked to Dhirendra Shastri's 'Aparna Ashram', highlighting the risks of real estate investment fraud.
Key Points
- Gurugram police arrest two individuals for alleged real estate fraud.
- The fraud is linked to fake projects associated with Dhirendra Shastri's 'Aparna Ashram'.
- The accused allegedly defrauded investors by promising selling rights in exchange for investments.
- Victims were given false documents and assurances to induce investments.
- The land involved was disputed and under the possession of the Haryana government.
Gurugram police have arrested two people, including a director of an infra firm, for allegedly defrauding investors through fake real estate projects linked to Dhirendra Shastri's 'Aparna Ashram' in Silokhera village, police said on Friday.
The Economic Offences Wing-2 (EOW) on Thursday arrested Ashok Chaudhary (60), a resident of Gautam Nagar, Delhi and Chandrakant Chaudhary (40), a resident of Brij Vihar, Ghaziabad in Uttar Pradesh, from Sector 62, Noida.
Details of the Real Estate Fraud Scheme
On April 15, the victim filed a complaint, stating that CKC Infra Company directors Ashok, Chandrakant and their other associates took him into confidence by giving him false documents and assurances.
They allegedly promised him selling rights in exchange for investments in real estate projects in Aparna Ashram in Gurugram and Vaishali, said police.
The complainant said he invested at different times.
Despite the payments, no valid agreement was signed, no work on the project started, and no selling rights were granted as agreed.
Discovery of the Land Dispute
Later, the complainant found that the land belonging to Aparna Ashram was disputed and under the possession of the Haryana government.
An FIR was registered.
Financial Transactions and Investigation
Police investigation revealed that the accused received around Rs 1 crore and approximately Rs 4.5 crore under the guise of an investment in a project located in Vaishali.
Police said of this amount, around Rs 1 crore was transferred to CKC Infra Company's bank account, which was later divided among the accused.
Police Statement on the Fraud
"It was also revealed that the accused deliberately fabricated agreements and forged government documents to defraud investors. They misled the complainant, knowing the land was embroiled in legal disputes and that any construction or sale on the land was prohibited. The accused made false promises that investing in the project would quickly yield profits worth crores. We are questioning the accused," said the Gurugram police spokesperson.
