A resident has complained that he was defrauded of Rs 50 lakh advance on a fake site he finalised for Rs 3.6 crore.
The alleged fraud took place between February 2 and March 13, 2019. Politician R Chandrashekhar, a 46-year-old resident of Electronic City has alleged that he was cheated by Lakshmipathi T (30) and Sebastine (34).
Chandrashekhar, a member of the Konappana Agrahara village panchayat, was doing business in partnership with Suryanarayana. Chandrashekhar’s friend Sanjay Goyal introduced him to Sebastian who operated a real estate firm near Adigas restaurant on 5th Main in Sector 6, HSR Layout. Sebastian introduced Chandrashekhar to Lakshmipathi who claimed to have 2.1 acres of land in Doddanagamangala worth Rs 3.6 crore.
Towards this purchase, Chandrashekhar paid Rs 50 lakh advance in Sebastian’s office in HSR on March 13, 2019 and got Lakshmipathi’s signature on the site documents. However, when Chandrashekhar visited the site, he was told that the site belonged to somebody else and that Lakshmipathy was not the real landlord.
When Chandrashekhar asked for his money to be returned, both Lakshmipathy and Sebastian are alleged to have refused to pay up and in addition threaten him with dire consequences. The HSR cops have registered the case under several sections of the Indian Penal Code, including cheating (420) amd criminal intimidation (506).