Gurgaon: A businessman was defrauded of over ₹5 crore after being lured into investing in fake real estate projects through forged documents and false promises of selling rights. Two key accused have been arrested.“Acting on leads, the accused — Ashok Chaudhary (60), of Gautam Nagar, Delhi, and Chandrakant Chaudhary (40), of Brij Vihar, Ghaziabad — were arrested Thursday from their company office in Sector 62, Noida,” said police spokesperson Sandeep Turan.According to a complaint filed April 15 by Umed Singh, the accused — directors of CKC Infra Private Limited — along with associates, gained his trust and induced him to invest at different times in land linked to Aparna Ashram Silokhera and a project in Vaishali.Despite receiving payments, they executed no valid agreements, initiated no development work and delivered no selling rights. The complainant later discovered the land was disputed and under govt possession.The ashram was previously run by Dhirendra Brahamachari, yoga teacher to former Prime Minister Indira Gandhi. The land spans roughly 30 acres, valued at around ₹3,000 crore at present, police said.Police said the accused collected approximately ₹1 crore for the ashram project and ₹4.5 crore for the Vaishali project. About ₹1 crore was transferred to the company’s bank account and subsequently distributed among them.A case was registered at Sector 40 police station and taken up by Economic Offences Wing 1. The accused reportedly have over 30 years of real estate experience and have built several commercial and housing projects. Last year, a senior advocate was also arrested in a separate cheating case involving the same ashram land.
