Gurgaon: A 32-year-old man was arrested for allegedly posing as a property consultant and cheating a resident of Rs 4.2 crore by promising him bank-auctioned properties at throwaway prices.Police said the accused, Balram Kumar Jha, a native of Bihar’s Darbhanga, created an elaborate web of fake bank accounts, forged email IDs, and fabricated sale certificates to convince the victim that the deals were genuine. The accused allegedly sent forged emails impersonating bank officials and issued fake sale certificates showing that the properties had been successfully allotted to the complainant.“The fraud came to light after the complainant verified the documents with Canara Bank and discovered that the auction process, sale certificates and bank communications were fake,” an officer said.Over several months, the accused allegedly persuaded him to transfer nearly Rs 4.2 crore into multiple bank accounts on the pretext of participating in auctions and completing property formalities.Following the complaint, a case was registered at Sector 14 police station under sections of cheating, forgery and criminal conspiracy, and the probe was later taken over by the economic offences branch-II.The officer further said, “It was found that the accused allegedly operated fake bank accounts and forged digital communication channels to gain the trust of victims before siphoning off money in the name of bank auctions.”cybePolice said the accused will be produced before a court, and further investigation is underway to trace other people linked to the racket, examine the money trail and identify additional victims, if any.
