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Delhi Police Arrest Five in Fake-Auction Luxury Property Racket at DLF Camellias

Police say the layered Rs 12.04 crore trail to a front firm signals a multi-state fraud of about Rs 200 crore with key handlers still at large.

Overview

  • The Crime Branch lodged a case for cheating, forgery and criminal conspiracy after a woman reported being duped over a non-existent flat at DLF Camellias.
  • Bank verification found the sale certificates and auction receipts were forged, with funds first credited to MG Leasing & Finance before being circulated through multiple accounts.
  • Alleged mastermind Mohit Gogia was arrested on November 22 near Doiwala in Uttarakhand, followed by the arrests of Vishal Malhotra, Sachin Gulati, Abhinav Pathak and Bharat Chhabra.
  • Investigators outline roles spanning document fabrication, introducing the buyer and allowing accounts to launder funds, while Ram Singh alias Babaji remains wanted as a key handler.
  • Raids across Delhi-NCR, Mumbai and Bhopal led to the seizure of bank accounts and recovery of two cars, with officials linking the syndicate to at least 14 cheating cases across states.