SRINAGAR, Mar 31: The Economic Offences Wing (EOW) of Crime Branch Jammu & Kashmir has filed a chargesheet in a major Srinagar property fraud case involving ₹55.11 lakh, naming Mehraj-Ud-Din Dar as the accused.
According to officials, the chargesheet has been submitted before the Court of City Judge Srinagar in connection with FIR No. 10/2026 under Section 420 of the IPC. The accused, a resident of Rawalpora and Tengpora areas of the city, is alleged to have carried out a planned fraud targeting unsuspecting buyers.
The case was initiated following a complaint which accused Dar of adopting a systematic approach to cheat individuals. Investigators found that he accepted large sums of money on the promise of selling residential property but failed to fulfil the agreement. To avoid legal consequences, he reportedly transferred assets into his wife’s name.
During the probe, it emerged that the accused had taken ₹55.11 lakh from the complainant for a house transaction. However, instead of completing the deal, he sold the same property to another buyer, thereby committing fraud.
Further findings revealed that the property in question had already been mortgaged with a local bank branch in Srinagar. The complainant had also cleared the pending housing loan linked to the property, adding to the financial loss.
Officials stated that the investigation established sufficient evidence of cheating, leading to the filing of the chargesheet for judicial proceedings. The matter will now be decided by the competent court.