SRINAGAR: The Economic Offences Wing of Crime Branch JK has filed a chargesheet against a Srinagar resident in connection with an alleged Rs 55.11 lakh property fraud case.
According to officials, the chargesheet in FIR No. 10/2026 under Section 420 IPC has been submitted before the City Judge, Srinagar, against Mehraj-ud-Din Dar, a resident of Alamdar Colony Rawalpora, presently residing at Tengpora Batamaloo.
The case originated from a written complaint alleging that the accused defrauded a buyer by accepting payment for a residential house but later failed to complete the transaction. It was further alleged that he attempted to evade legal proceedings by transferring properties acquired through such dealings in the name of his wife.
Following the complaint, the Economic Offences Wing initiated an investigation which revealed that the accused allegedly cheated the complainant of Rs 55.11 lakh on the pretext of selling a residential property. However, despite receiving the payment, he is said to have sold the same property to another individual.
Investigators further found that the property in question was already mortgaged with JK Bank, Bhagat branch, Srinagar. It was also noted that the complainant had cleared the outstanding housing loan linked to the property.
The probe concluded that the accused’s actions constituted a cognizable offence under Section 420 IPC, after which the chargesheet was filed for judicial scrutiny before the competent court.
