Real estate firm director who duped investors of ₹8 cr with buy-back and pre-launch traps arrested
The Economic Offences Wing (EOW) of Cyberabad police arrested Gogula Lakshmi Vijaya Kumar, chairman and managing director of M/s AV Infracon Pvt Ltd and M/s AV Organo Farms Pvt Ltd, for defrauding several investors to the tune of ₹8 crore.
The arrest was made on Tuesday in Ongole district, Andhra Pradesh, following a complaint filed by a Hyderabad resident, Bhupathi Pradeep.
Former director of SIVIPL arrested for real estate fraud, accused of misappropriating funds, laundering money, and embezzlement.
Three directors and an agent booked for ₹17.5 crore real estate fraud in Bengaluru involving bounced cheques and threats.
Two men arrested in Chennai for cheating a businessman of ₹4.62 crore in a fraudulent land deal scheme.
Four arrested in ₹3.49 crore investment fraud case, with multiple bank instruments seized by Telangana Cyber Security Bureau.
ED identifies accused in SRS Group fraud case, seeks asset confiscation, issues warrants for fugitives in international locations.
Real estate broker arrested for allegedly cheating an ex-serviceman of ₹55 lakh in a fraudulent land sale.
