{“title”:”Bogus Land Deals Exposed: Charitable Trust Duped of ₹5.67 Crore in Lucknow’s Bakshi Ka Talab”,”content”:”

In a shocking revelation, the Lucknow police have filed an FIR against two individuals for allegedly duping a charitable trust of ₹5.67 crore by selling 14 mortgaged plots of land in Bakshi Ka Talab, a suburb of the city. The accused, both known figures in the real estate sector, have been booked under various sections of the Indian Penal Code (IPC) for their alleged role in the massive land fraud. This brazen scam has sent shockwaves through the city’s philanthropic community, where charitable trusts and NGOs have been duped repeatedly in recent years.

First Section: A Web of Deceit

The FIR, filed at the Bakshi Ka Talab police station, alleges that the two accused individuals, both directors of a local real estate company, had mortgaged 14 plots of land to a nationalized bank as collateral for a ₹5 crore loan. However, instead of using the loan amount to repay the mortgage, they allegedly sold the plots to a charitable trust, which was not aware of the mortgage. The accused then used the proceeds from the sale to repay the loan and kept the remaining amount for themselves, leaving the charitable trust with a significant loss.

Investigations have revealed that the accused had been operating a complex web of deceit, using shell companies and fake documents to conceal their illicit activities. The police have seized several documents, including property deeds, bank statements, and emails, which are being scrutinized to unravel the entire scam.

Second Section: A Pattern of Deception

This is not the first instance of land fraud in the city, and it is feared that the accused may have duped other charitable trusts and individuals as well. Last year, a similar scam was exposed in the city’s Cantonment area, where a group of individuals had duped a charitable trust of ₹2 crore by selling fake plots of land. The lack of effective regulation and oversight in the real estate sector has created an environment conducive to such scams.

The charitable trust, which has been duped in the present scam, has come forward to expose the accused and demand action from the authorities. The trust’s secretary, who wished to remain anonymous, said, “We had entrusted the accused with the purchase of land for our charitable activities, but they betrayed our trust and duped us of a significant amount. We hope that the police will take strong action against the accused and recover the lost amount.”

Third Section: A Wake-Up Call

The Lucknow police have assured the public that they will leave no stone unturned to bring the accused to justice and recover the lost amount. The police commissioner, in a statement, said, “We take the complaint seriously and will investigate the matter thoroughly. We urge the public to remain vigilant and report any suspicious activities to us immediately.”

The present scam has exposed a deep-seated rot in the real estate sector, where unscrupulous individuals are taking advantage of the lack of regulation and oversight. It is high time for the authorities to strengthen the regulatory framework and ensure that such scams are prevented in the future.

As the police continue their investigation, the city’s philanthropic community is left wondering how to prevent such scams in the future. The present case serves as a wake-up call for the authorities and the public to remain vigilant and report any suspicious activities to prevent such scams from happening again.

The accused are currently under police custody, and their further remand is being sought to continue the investigation. The police are also conducting a thorough probe into the activities of the real estate company, which is suspected to be involved in the scam.

With the city’s real estate sector coming under scrutiny, it is imperative that the authorities take swift action to prevent such scams and restore the trust of the public.

“,”excerpt”:”Lucknow police file FIR against two individuals for duping a charitable trust of ₹5.67 crore by selling mortgaged plots of land in Bakshi Ka Talab.”,”tags”:[“land fraud”,”Lucknow”,”Bakshi Ka Talab”,”real estate”,”charitable trust”,”scam”],”meta_description”:”Lucknow police file FIR against two individuals for duping a charitable trust of ₹5.67 crore by selling mortgaged plots of land in Bakshi Ka Talab.”}