Goemkarponn desk
VASCO: Days after Vasco police had arrested one person for having cheated banks based on a fraudulent sale deed agreement, another scam allegedly involving a broker duping innocent people for crores of rupees has come to light on Thursday.
Members of around 50 families approached the Vasco police station on Thursday morning, claiming that one broker identified as Mohammed Noor had made a long lease agreement for houses and collected money from people.
Sources said that there could be as many as 150 victims, and the scam could run to around Rs 10 to 12 crores.
The victims claimed that the modus operandi would be that the accused would approach people and offer flats on a long lease and even make notarised agreements and collect around rs 5 lakhs for a tentative long lease of 5 years.
Many victims claimed that the accused had even been assured to use their money in various market policies and return the money with interest, while some said that the accused had assured to offer monthly instalments.
Many claimed that the accused would show flats belonging to an unknown person and lure innocent people for money in the hopes of getting a long lease of a bigger house against bulk rent payments of the entire 5 years term.
Victims said many more people who had been duped had not come out in the open due to fear of losing their investments.
The people have demanded that Vasco police arrest the culprit so their hard-earned money can be recovered.
Many victims are believed to have sold their properties and even taken gold loans to pay the accused.