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Bengaluru: CCB registers FIR against four over alleged ₹14.5 crore land deal fraud

Bengaluru: CCB registers FIR against four over alleged ₹14.5 crore land deal fraud

The Central Crime Branch (CCB) of Bengaluru City Police has registered a criminal case following a complaint alleging a fraudulent land deal involving an educational institution. The alleged fraud, which amounts to ₹14.5 crore, led to the institution losing out on a significant sum of money. The accused individuals are said to have approached the educational institution, promising to facilitate the purchase of large parcels of land in various Indian cities, including Bengaluru, Delhi, Hyderabad, Pune, Chikkabanavara, Jigani and Anekal.

According to the complaint, the four individuals involved were identified as Vivek Sangla and Ambika Sangla from Punjab, Prasun Ghosh from West Bengal, and Nilesh Ghosh, the son of Prasun Ghosh from Maharashtra. The educational institution allegedly transferred ₹14.50 crore to the accused, under the pretense of purchasing the land.

However, the money was not returned, and the promised property registrations never took place. The CCB has launched an investigation to gather evidence and determine the extent of the fraud committed.

Written by urgent.news from The Hindu's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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