Tag: Cyberabad Economic Offences Wing

Latest StoriesRegulatory

EOW Files Case Against Four for Selling Land to 80 Buyers

HYDERABAD: The Cyberabad Economic Offences Wing (EOW) has initiated a criminal case against four individuals accused of fraudulently selling assigned land to 80 buyers, valued at Rs 3.48 crore. The complainant, a coconut vendor from Allapur in Borabanda, claims the accused befriended him and presented an opportunity to purchase plots in Patancheru. The complaint states that Nagesh Goud and Ravi Goud convinced him they were the landowners, while G Vara Prasad, P Shivaram, and Satyanarayana acted as brokers. They informed the complainant they would seek permission for the layout and offered him a chance to buy plots at a discounted…

Latest StoriesRegulatory

Hyderabad: Firm sued for duping nine flat buyers of ₹4 crore

HYDERABAD: The Cyberabad Economic Offences Wing (EOW) has initiated a cheating case against a construction company based in Jubilee Hills, accused of defrauding nine flat buyers of ₹4.41 crore linked to a stalled project in Tellapur. The complainants, K Mahesh, a 34-year-old employee of a Public Sector Undertaking (PSU), and his friend T Chandra Kiran Kumar began their home search in 2021. They were approached by a marketing executive named Bhargav, who offered an attractive early bird rate of ₹2,800 per square foot with a guaranteed buy-back option. Believing claims that the necessary land would be procured and that HMDA…