Delhi police have arrested Gunveen Singh and Jitin Pal Singh, implicated in a Rs 4.85 crore property fraud in Chhatarpur. The duo allegedly duped Balaji Metropolis Pvt Ltd director, Yogesh Tyagi, by selling disputed properties. Following a public denial of any sale agreements and the revelation of concealed family disputes, it was discovered that Gunveen was not legally authorized to negotiate the sale. The arrests were made on Sunday in Gurgaon, following the issue of non-bailable warrants.
The director of Balaji Metropolis Pvt Ltd, Yogesh Tyagi, was swindled out of Rs 4.85 crore by two alleged fraudsters under the pretense of selling properties in Delhi's Chhatarpur region. The duo, Gunveen Singh and Jitin Pal Singh, have been apprehended by the police.
Early last week, the South Delhi police reported the arrest of Gunveen Singh (45), and his brother-in-law Jitin Pal Singh (40) for their alleged involvement in a high-stakes property fraud. Gunveen had initially introduced himself to Tyagi as the authorized seller of two properties in Chhatarpur.
Gunveen had reportedly assured Tyagi that the property he intended to sell was unencumbered. In 2018, Tyagi entered into a sales agreement and transferred Rs 2.80 crore to the accused parties. However, he soon discovered that the property was involved in a pending civil dispute, contradicting Gunveen's earlier assertion.
Upon confronting the accused parties and demanding his money back, Tyagi was offered an alternative deal. Gunveen proposed that Tyagi's initial payment could be adjusted against another property, specifically a plot in Ashoka Avenue, DLF Farms, Chhatarpur. Consequently, a new sales agreement was drawn up for a total consideration of Rs 2.10 crore, to which Tyagi paid Rs 2.05 crore.
Ajay Sahni and Ram Sahni, alleged accomplices of Gunveen, received the payments assuring they were in the process of having the property legally transferred to their names from their late father. They further promised to expedite the sales deed. Yet, in an unexpected twist, Ajay and Ram published a public notice denying any intent to sell the property. They also disclosed an internal family conflict, preventing the property's sale, a fact they had intentionally concealed.
Investigations revealed that Gunveen Singh was not legally entitled to negotiate the agreement to sell (ATS) as he had claimed. Following the issue of non-bailable warrants against them, Gunveen and Jitin were finally arrested from Gurgaon on Sunday, as disclosed by Deputy Commissioner of Police (OW), Vikram Porwal.
In conclusion, this incident has underscored the importance of due diligence and legal safeguards in property transactions. It serves as a cautionary tale for potential investors, highlighting the intricate machinations fraudsters can employ to deceive unsuspecting victims. Amid the ongoing investigation, the Delhi police remain committed to ensuring justice for the victim and enforcing stringent punishments on the alleged fraudsters.
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