Noida Man Held for Rs 24 Crore Land Fraud Near Airport

A man in Noida has been arrested for allegedly defrauding people of Rs 24 crore by selling them non-existent land parcels near the Noida International Airport.

The Noida Police have arrested a man named Aqil Khan in connection with a Rs 24-crore fraud involving the sale of land parcels near the Noida International Airport. The accused allegedly took Rs 24 crore from the victims with the promise of providing them with farmland near the airport, but the land parcels in question did not exist.

Modus Operandi of the Fraud

Aqil Khan, along with 15 other individuals named in the FIR, allegedly prepared fake and forged land documents to commit the fraud. Khan was arrested from Bhaypur village on Thursday after a complaint was filed by Gaurav Sharma, one of the victims.

Complainant's Account of the Fraud

Gaurav Sharma, along with his three business partners, Gopesh Rohatgi, Yatish Agarwal, and Shilpi Agarwal, were duped of Rs 24 crore by Khan. The accused claimed to have political connections in Jewar and ownership of agricultural land near the under-construction airport. In return for the payment, Khan provided the victims with fraudulent revenue documents.

When the complainants asked for a copy of the transfer documents of the purchased land in the revenue records, Khan started making excuses. It later emerged that the documents provided by Khan were fake.

Threats and Intimidation

When the complainants demanded their money back, Khan and his associates allegedly threatened them with dire consequences. This prompted the victims to file an FIR against the accused at the Sector 63 police station in December 2023.

Charges Against the Accused

The FIR against the 16 accused, including Aqil Khan, includes charges of cheating, forgery of documents, criminal conspiracy, and criminal intimidation. The police are investigating the case and further arrests are expected.

The arrest of Aqil Khan in connection with the Rs 24-crore land fraud case highlights the importance of thorough due diligence and verification before investing in real estate. Individuals should be wary of fraudulent land deals and should always seek legal advice before making any payments.