Delhi Police Uncover Rs 2 Crore Property Fraud Scheme, Arrest Suspect
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Key Takeaways
New Delhi, April 16 (NationPress) - On Thursday, the Delhi Police successfully dismantled a significant property fraud operation, apprehending an individual implicated in creating a fake lease agreement, according to law enforcement officials. The suspect, Ravindra Garg, had previously been declared a proclaimed offender in another property fraud case.
As per police reports, Garg was arrested for his involvement in a cheating incident that deceived a visually impaired victim out of Rs 14.5 lakh through a fraudulent lease of a residential property.
During the investigation, it became evident that this was part of a much larger scam, amounting to nearly Rs 2 crore and affecting numerous victims.
The timeline of the case traces back to December 29, 2025, when a complaint was filed at the DBG Road Police Station alleging deception under the guise of leasing a property.
Based on this complaint, an FIR was lodged under Sections 406, 417, 420, and 506 of the IPC.
The complainant, who is a visually impaired employee of the Indian Railways, was in search of a rental home when he encountered the accused.
Ravindra Garg presented a property situated on Joshi Road in Karol Bagh and executed a notarized lease agreement after agreeing on a sum of Rs 14.5 lakh, which the victim paid in full.
However, upon attempting to take possession of the property, the complainant discovered that it had already been seized by a finance company due to loan default.
Further investigation revealed that Garg had secured a home loan of Rs 98 lakh in 2017 and had defaulted on repayments, resulting in the property being repossessed.
Despite knowing this, he deceitfully convinced the victim to part with his money in 2019.
A specialized police team, including Sub-Inspector Harvinder Singh, Head Constable Suneet Kumar, and Woman Constable Tanisha, worked under the guidance of Randhir Singh, the Station House Officer of DBG Road, and the Paharaganj Assistant Commissioner of Police.
During the investigation, it was found that the accused had been evading arrest by frequently changing his mobile numbers and locations.
The police performed a thorough analysis of call detail records (CDRs) associated with his previous mobile numbers to establish connections and generate new leads.
Through persistent technical monitoring, authorities identified a newly activated mobile number linked to Garg.
This analysis provided critical location information, and with insights from a confidential informant, police tracked him down in Nangal Devat village in Delhi.
A targeted raid was executed, leading to his discovery while he was working as a taxi driver. He was subsequently detained.
During interrogation, Ravindra Garg, aged 51 and a resident of Hapur in Uttar Pradesh, confessed to hiding the mortgaged status of the property and defrauding multiple victims by offering the same property for lease or sale. He also stated he had been living independently.
Garg disclosed that he had invested the money obtained through his fraudulent activities into a tourist transport business, which ultimately failed.
Authorities reported that the accused operated with a well-organized method, offering the same property to multiple victims, mortgaging it to financial institutions, collecting substantial sums via bank transfers and cash, and then disappearing after turning off his phones.
Efforts are ongoing to recover the defrauded sums and locate Garg's movable and immovable assets for legal actions, including the attachment of properties.
Records indicate that this individual had prior involvements in several cases. He had been declared a proclaimed offender in a 2019 case by the Tis Hazari court on April 7, with proceedings under Section 82 of the CrPC initiated against him in another matter.
Garg has been arrested in the current case and remanded into judicial custody.
Further investigations are underway to confirm his involvement in similar cases across various jurisdictions.