Archive · 28 May 2025
Man Arrested in Noida for Rs 12 Crore Property Fraud
Imagine someone was working for a company that sells apartments.
This person, named Prakash Jha, is accused of tricking people and the company out of a lot of money, about 12 crore rupees.
He did this by making fake documents and pretending to sell apartments that weren't real.
He worked with others to do this.
After taking the money, he ran away for four years until the police caught him.
The police arrested him for the crimes of cheating and making fake documents.
Now he is in jail with his other partners.
Prakash Jha, a 42-year-old, was arrested in Noida after evading police for four years.
Jha is accused of a Rs 12 crore property fraud involving forged documents and fake flat sales.
The fraud occurred while Jha worked at SCC Builder Pvt Ltd in Sector 63, Noida.
Jha and his associates allegedly shared confidential company information and blackmailed the builder.
The FIR was registered in August 2021 under various IPC sections related to fraud and forgery.
- Who
- Prakash Jha, a Delhi resident, was arrested by Sector 63 police.
- What
- A 42-year-old man was arrested for a property fraud involving Rs 12 crore.
- When
- The arrest occurred on Monday, four years after the alleged fraud.
- Where
- Noida, India
- Why
- Prakash Jha allegedly forged documents and executed fake flat sale deals.
- Amount of Fraud
- Rs 12 crore
- Age of Accused
- 42
- Accused's Residence
- Delhi
- Former Employer
- SCC Builder Pvt Ltd
- FIR Lodged
- 2021
- Location of Company
- Sector 63, Noida
- FIR Date
- August 2021