Dealer held for property fraud
A 48-year-old property dealer who allegedly sold non-existent properties to investors was arrested under the stringent Maharashtra Control of Organised Crime Act (MCOCA) on Sunday, reports Vijaita Singh.delhi Updated: Nov 08, 2009 22:52 IST
A 48-year-old property dealer who allegedly sold non-existent properties to investors was arrested under the stringent Maharashtra Control of Organised Crime Act (MCOCA) on Sunday.
Judge Chawla, the accused, was wanted in more than 15 cases of “property-related fraud” and “money laundering” in Delhi, police said.
Chawla owns a house in Rajinder Nagar, which is worth Rs 15 crore, and a number of high-end cars.
The accused has cases registered against him at CR Park, Paschim Vihar, Rajinder Nagar and also under the Delhi Municipal Corporation Act.
“A school dropout, the accused made crores of rupees by faking property documents and selling them to innocent investors,” said Jaspal Singh, deputy commissioner of police (central).
Chawla was wanted in a murder case of Surjit Singh Marwah (74) in East of Kailash, southeast Delhi.
The Crime Branch cracked the case in February this year with the arrest of Marwah’s daughter Niti Sarin and her friend Gulfam.
Crime Branch arrested Sarin for allegedly hatching a conspiracy along with her friend to kill her father for property.
Marwah went missing three years ago and Sarin lodged a missing complaint with the police.
On February 27, the police arrested Sarin. It was found that Marwah was killed at his home and the body was dumped in Uttar Pradesh at Sarin’s behest.
“Sarin told police she acquired his property by preparing a fake gift deed in her name with the help of Chawla. We were looking for this property dealer since,” said the officer.
A resident of Rajinder Nagar police said they were scrutinising his bank accounts and were trying to find out his involvement in other similar cases.