Anna univ prof, 2 financiers arrested for property fraud
TIMES NEWS NETWORK
Chennai:24.04.2019
Central crime branch sleuths arrested three people, including a professor at Anna University, for selling property using forged documents and cheating two men. The accused were remanded in prison.
Assistant professor Prabhu Kumar, of Anna Nagar, entered into an agreement with brothers Kumar and Jayakumar, of Thiruvanmiyur, police said. As per the agreement, Prabhu would purchase the men’s 1,092sqft ancestral property for ₹67 lakh.
Later, Prabhu colluded with brothers Rajesh Kumar Lodha, 42, and Ramesh Kumar Lodha, 52, to cheat Kumar and Jayakumar. Prabhu invited Kumar and Jayakumar to the Saidapet subregistrar office to register the memorandum of understanding (MoU). However, he prepared a sale deed copy with the help of the Lodha brothers, who are financiers, and a power of attorney copy in Rajesh’s name. Kumar and Jayakumar signed all the documents assuming that they were for MoU registration. The victims later realised that they were cheated and lodged a police complaint.
TIMES NEWS NETWORK
Chennai:24.04.2019
Central crime branch sleuths arrested three people, including a professor at Anna University, for selling property using forged documents and cheating two men. The accused were remanded in prison.
Assistant professor Prabhu Kumar, of Anna Nagar, entered into an agreement with brothers Kumar and Jayakumar, of Thiruvanmiyur, police said. As per the agreement, Prabhu would purchase the men’s 1,092sqft ancestral property for ₹67 lakh.
Later, Prabhu colluded with brothers Rajesh Kumar Lodha, 42, and Ramesh Kumar Lodha, 52, to cheat Kumar and Jayakumar. Prabhu invited Kumar and Jayakumar to the Saidapet subregistrar office to register the memorandum of understanding (MoU). However, he prepared a sale deed copy with the help of the Lodha brothers, who are financiers, and a power of attorney copy in Rajesh’s name. Kumar and Jayakumar signed all the documents assuming that they were for MoU registration. The victims later realised that they were cheated and lodged a police complaint.
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