GURUGRAM: A real estate company based in Sohna has reportedly lost crores of rupees due to a fraudulent scheme involving forged documents that altered a land development agreement. This also included the cancellation of a registered General Power of Attorney (GPA). As of Monday, police have detained one more individual from the company, raising the total number of arrests to five.
The scam was discovered after representatives from Yashdeep Builders lodged a complaint regarding their collaboration with a landowner in 2018 for developing a specific piece of land.
For this project, the company invested heavily and secured a GPA in its favor to assist with development operations. However, police revealed that in 2020, a company representative allegedly colluded with the landowner and others to create a fraudulent, second agreement without the company’s knowledge.
This forged agreement enabled the accused to modify the original contract and lead to the cancellation of the GPA, resulting in significant financial losses for the company.
Authorities discovered that counterfeit supporting documents were also created to substantiate the termination, including a fake GPA cancellation letter and a forged postal receipt suggesting the company had been informed of the termination officially.
Upon receiving the complaint, a case was registered at the Sadar Sohna police station under pertinent sections of the BNS, with the investigation assigned to the Economic Offences Wing-I of the police.
“During the investigation, the EOW team apprehended Harish Kumar, alias Raja, a 36-year-old resident of Palwal district living in Gurgaon. According to police reports, Harish was responsible for the forged documents at the request of other suspects, including Sushil and Balwan, who are already being investigated,” an officer stated.
Police indicated that during questioning, Harish confessed to creating the fake GPA cancellation letter and the counterfeit postal receipt that misled the company and enabled the cancellation of the registered power of attorney.
Harish was presented in court on March 10 and remanded to six days in police custody.
