Chandigarh Man Duped of Rs 1.2 Crore in Fake House Sale
Chandigarh Man Duped of Rs 1.2 Crore in Fake House Sale

The Chandigarh Police have initiated legal proceedings against a man accused of defrauding a city resident of Rs 1.2 crore under the pretense of selling a house in Sector 21. The Economic Offences Wing (EOW) has registered a case of fraud and criminal conspiracy against Vikas Bibra, a resident of Sector 21, based on a complaint lodged by Harish Gautam, who resides in Sector 44.

Complainant's Account

According to Gautam's statement to the police, he was in the market to purchase a house and was introduced to Vikas Bibra, who expressed his intention to sell his property in Sector 21. Gautam visited the house and after negotiations, both parties agreed on a sale price of Rs 8.6 crore. As an advance payment, Gautam transferred Rs 1.2 crore to Bibra's bank account. Bibra assured him that the possession of the house would be handed over only after the full payment was made.

Excuses and Threats

When Gautam requested Bibra to proceed with the sale deed formalities, Bibra began making excuses and allegedly threatened him through his associates. The complainant later discovered that Bibra was not the actual owner of the property but merely the son of a tenant residing there. Furthermore, the property was embroiled in a legal dispute and could not be legally transferred.

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Previous Fraud Record

Gautam also learned that the accused had a prior involvement in a fraud case and had been released on bail. Feeling cheated, Gautam filed a complaint at the SSP public window. After verifying the facts, the police registered a case against unknown persons and have commenced an investigation into the matter.

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