India

Pernem Police charge five for forging company resolution in property fraud scheme

Synopsis

Pernem Police have charged five individuals, including residents from Delhi, Ghaziabad, and Faridabad, with forging a board resolution of Eco Promoters Pvt Ltd to facilitate the sale of seven flats at Agarwada-Chopdem. Inspector Sachin Lokre stated that the accused conspired to create fraudulent documents and forged signatures of the company's directors, presenting them as genuine at the sub-registrar's office in Pernem. The complaint was lodged by Harish Arora on behalf of Eco Promoters Pvt Ltd, highlighting ongoing concerns regarding property fraud and the manipulation of legal documents in real estate transactions.

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Pernem police have taken legal action against five individuals accused of forging a company's board resolution and submitting it at the sub-registrar's office in Pernem in an attempt to finalise the sale of seven flats in Agarwada-Chopdem. According to Pernem Police Inspector Sachin Lokre, the accused individuals allegedly conspired together with the common intent to commit fraud. They are said to have prepared forged board resolutions under the name of Eco Promoters Pvt Ltd, the complainant's company, to facilitate the fraudulent transaction.

The accused have been identified as Rahul Sharma, Samrity Sharma, and Jitendra Kumar, all residents of Delhi, along with Vishal Garg from Ghaziabad and Atul Singh Tewatia from Faridabad. These individuals allegedly created forged documents and falsified signatures of the directors of Eco Promoters Pvt Ltd. They then presented these fraudulent signatures as genuine before the sub-registrar's office in Pernem to execute seven different sale deeds.

Inspector Lokre, speaking on the matter, explained that the accused had worked in collaboration to forge the necessary documents, with the clear intention of passing them off as legitimate. These fake signatures were used to authorise the sale of the flats, which were owned by Eco Promoters Pvt Ltd, without the company's consent. This conspiracy came to light when the complainant, Harish Arora, representing Eco Promoters Pvt Ltd, filed a formal complaint with the Pernem police.

The case has been officially registered, and the authorities are investigating the depth of the conspiracy and the role of each individual involved. This incident underscores the ongoing risks posed by property fraud, particularly through the manipulation of legal documents and the forging of signatures to facilitate unauthorised sales.

This case serves as a stark reminder of the vulnerabilities within the real estate sector, particularly concerning property fraud. The actions of the accused not only undermined the integrity of Eco Promoters Pvt Ltd but also highlighted the critical importance of due diligence in property transactions. As investigations continue, it is essential for stakeholders to remain vigilant against fraudulent activities and to ensure that all legal documents are authentic. Strengthening verification processes can help safeguard against such schemes and protect the interests of legitimate property owners and buyers in the market.

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