Four Accused Defraud 80 Buyers of 3.48 Crore in Fake Land Scam

Hyderabad, April 25: The accused informed the complainant that they were seeking permission for the layout and offered him the opportunity to purchase plots at a reduced price as part of a pre-launch offer.

Victim's Loss

The complainant purchased two plots totalling 254 square yards in 2022 and 2023, paying 10 lakh in total, plus an additional 15,000 as a registration fee.

"Despite repeated requests, they have neither executed the sale deed nor handed over possession of the plots," the complainant told police.

Scale of Fraud

Officials said the accused had similarly defrauded 80 other buyers , collecting 3.48 crore in the process.

"The land shown to us had been earmarked and the accused had no legal right to sell it. They created a fake layout and collected money," the complainant said.

Accused Named

• Ravi Goud

• G Vara Prasad

• P Shivaram

• Satyanarayana

Legal Action

A case has been registered under BNS sections:

• 318 (cheating)

• 316 (criminal breach of trust)

• 338 (forgery)

Police are in the process of calling the accused for questioning.