(MOREPIC3) Face2News/New Delhi
Delhi Police Economic Offences Wing, reported to have arrested two accusedpersons namely Madhur Jain Sarbjeet Singh S/o Late Sh. Surjeet Singh in Case FIR No. 45/23 dt. 31.05.23 u/s 420/467/468/471/120 B, IPC, PS EOW
The complainant Sh. Satyan kapoor was looking for a good property in the area of Lajpat Nagar and came into contact with Vijay Mittal, a property agent, who informed him that M-15 measuring 350 Sq. Yards situated at Lajpat Nagar-III, New Delhi was available for sale. Vijay Mittal has also introduced one Sarabiit Singh and his associate Sunny.
(SUBHEAD)It was represented that Usha Rani Jain is the sole and exclusive owner of the above property and Mr. Madhur Jain is her grandson and GPA holder. They further represented that Usha Rani Jain had agreed to sell the said property to Sh.Sarabjit Singh vide Agreement to Sell dt. 07.10.22 and Sarabjit Singh had paid Rs 5.11 Cr. as advance.
Mr. Surendra Chaudhary , IPS, Deputy Commissioner of Police, Economic offence Wing, said,the accused persons offered to sell the said property to him to the tune of Rs. 17.50 Cr. Before entering into the Agreement, it was informed that there is a loan on the property from Hero Fincorp Ltd. and it was assured that entire amount of loan would be repaid and even initial amount would also be utilized for repayment of loan. Believing on the representation, he had agreed to purchase the said property vide Agreement to Sell dt. 03.11.22 and paid Rs. 3.50Cr. as advance. Rs. 2 Cr in favour of Usha Rani Jain and Rs. 1.50 Cr. in favour of Sarabjit Singh (earlier agreement holder).
(MOREPIC1)(MOREPIC2)He stated that he was connected on Video Call with a lady stated to be Usha Rani Jain and after assurance of Usha Rani Jain, he made the payment. In terms of Agreement, he had issued a Public Notice in Hindustan Times dt. 05.11.22 calling upon objections from third party. After some days, he had received a Legal notice dt. 17.11.22 from Usha Rani Jain (owner of property), wherein it was informed that she had not issued any GPA in favour of her grandson Madhur Jain and GPA is forged and fabricated. Subsequently, he filed the complaint and present case was registered.
KNOW THE ACCUSED:
Accused Madhur Jain is a Commerce Graduate from Delhi University. He is a freelance property dealer. The property was mortgaged with Hero Fincorp Ltd. and to clear the loan, he was in need of money. Since, the property was in the name of his grandmother, he created a forged GPA in his favour and duped the complainant. On the same modus operandi, another FIR no. 366/23 dt. 21.05.23 U/s 420/406/120B IPC PS Lajpat Nagar, Delhi is also registered against him.
Accused Sarbieet Singh is 9th class dropout and works as property dealer in the name of Global Realtech. He in connivance with accused Madhur Jain entered into an Agreement to Sell dt. 07.10.22 with him and had falsely shown payment details, which was never made to Madhur Jain. He had received Rs. 1.5 Cr from the complainant.
TEAM AND ARREST: -It was a challenging task to trace the culprits as they had been evading arrest since long. Accordingly, a special team was formed consisting of Inspr. Harpal Madan , Insp. Harish Kumar, Insp Dheeraj Kumar, HC Sachin Kumar No. 125/EOW & Const. Aakash No. 336/EOW under the close supervision of ACP S M Sharma and overall supervision of Sh. Surendra Chaudhary DCP/EOW to arrest the accused persons. Finally both the accused were arrested .
