Archive · 27 Aug 2026
Couple Arrested After Rs. 1 Crore Real Estate Fraud
A couple told people they could make large profits by investing in their real estate business.
James and his wife believed them and gave them about Rs.
1 crore.
The couple later disappeared without returning the money.
They were reportedly missing for ten years.
James then complained to the Greater Chennai Commissionerate.
The case was investigated by the Economic Offences Wing.
Inspector L. Sarojini led the investigation.
Police arrested Rajalakshmi and Dharani.
The allegations concern cheating people by promising high investment returns.
Rajalakshmi and her husband Dharani allegedly collected about Rs. 1 crore from investors.
The couple promised high returns through their claimed real estate business.
They allegedly went absconding after receiving the money and remained missing for ten years.
James, a Palavanthangal resident, filed a complaint with the Greater Chennai Commissionerate.
Economic Offences Wing Inspector L. Sarojini investigated the case and arrested the couple.
- Who
- Rajalakshmi and her husband Dharani were arrested after allegedly taking about Rs. 1 crore from investors; James filed the complaint.
- What
- The couple allegedly defrauded people by promising high returns from a real estate business.
- When
- The couple were arrested after allegedly remaining absconding for ten years; the article does not give an arrest date.
- Where
- The complaint was filed in Chennai, involving James, who lived in Palavanthangal.
- Why
- They allegedly sought investments by claiming their real estate business would generate huge profits.
- Alleged amount
- About Rs. 1 crore
- Accused
- Rajalakshmi, 41, and her husband Dharani, 49
- Complainant
- James, 45, of Palavanthangal
- Business claim
- The couple allegedly said they operated a profitable real estate business
- Missing period
- About ten years
- Investigating unit
- Economic Offences Wing
- Investigating officer
- Inspector L. Sarojini