Elderly woman duped by real estate agents

NT Correspondent

Bengaluru: The economic offences wing of the Central Crime Branch (CCB) nabbed five people for allegedly cheating an elderly woman by misusing her property documents to avail a loan of Rs 3 crore from a bank.

The victim was living alone at her house in JP Nagar after her children relocated abroad.

Wanting to join her children, the victim sought help from the accused who were in the real estate business, in selling her property.

Promising to help her, the accused however took copies of the documents and fabricated them to avail themselves of a loan of Rs 3 crore from a bank.

The cheating came to light when the victim received a notice to repay the dues. The victim approached the Puttenahalli police on December 14 and filed a complaint against the accused.

The CCB took over the case and tracked down the accused based on the bank account transactions.

According to the sources, the police have seized the documents used to avail the loans and have frozen their bank accounts.

Investigation is underway to detect if the accused had a criminal background.