Eight-member gang nabbed in property fraud racket
Police in Visakhapatnam have arrested eight members of a gang involved in a sophisticated property fraud racket. The group used forged death certificates and fabricated family documents to illegally transfer ownership of a house site.
Why it matters
This case highlights the vulnerability of property records to identity theft and document forgery, posing significant risks to real estate security.
The city police arrested eight members of a nine-member gang, who were allegedly involved in preparing forged documents, fabricating death certificates, impersonating genuine property owners and attempting to acquire vacant property. The gang attempted to cheat prospective purchasers by selling such properties for monetary gain.
The arrested were identified as N. Ramakrishna Siva Prasad, A. Kumar, both ex-offenders, R. Lakshmana Rao, M. Durga Mahesh, N. Keerthika, P. Mani Kumar, M. Suresh Kumar Raju, and G. Sai Kiran.
Addressing a press conference at the P.M. Palem Police Station, on Monday, Deputy Commissioner of Police, Ch. Manikanta said that on July 29, a 70-year-old person, P. Chandrababu, approached P.M. Palem police and stated that he had purchased a 200-square-yard house site at Shivashakti Nagar in Madhurwada, in the name of his wife P. Umadevi in 2004, and that the said property had been in their possession ever since.
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