Man held for fraudulent sale of mortgaged property worth crores in Delhi
Man held for fraudulent sale of mortgaged property worth crores in Delhi
NEW DELHI: (Apr 2) The Economic Offences Wing (EOW) of Delhi Police has arrested a 36-year-old man for allegedly cheating homebuyers by fraudulently selling a property mortgaged with a private bank, an official said on Wednesday.
The accused, identified as Moshin Mohammed, was involved in a case of cheating related to the sale of a property in Daryaganj which was already pledged as security with a private bank, he said.
A case was registered against the accused under sections 406 (criminal breach of trust), 409 (criminal breach of trust by a public servant or banker), 420 (cheating) and 120-B (criminal conspiracy) of the IPC at EOW police station on the private bank's complaint in October 2021.
