Delhi Police have arrested five individuals accused of duping a woman of Rs 12.04 crore by selling her a non-existent premium flat in Gurgaon at half price using forged bank documents. The scam involved fake auction papers from the State Bank of India, part of a larger network that has defrauded people across multiple states of over Rs 200 crore. The mastermind, Mohit Gogia, faces charges in 16 similar cases.
In August 2024, a woman seeking a home in the upscale DLF Camellias society in Gurgaon was approached by Abhinav Pathak, a medicine distributor. Pathak connected her with representatives from M/s MG Leasing & Finance, who offered the premium flat for Rs 12.04 crore—about half its market value—claiming it came from a State Bank of India auction of a bad loan property.
The victim, convinced by forged documents including sale certificates, covering letters, and auction receipts, transferred the amount via RTGS and demand drafts from August to October 2024. It was not until the bank verified the papers as fake that she realized the deception. She filed a complaint on June 13, 2025, prompting the Delhi Police Crime Branch's Inter State Cell to investigate.
Tracing the money led to Mohit Gogia's proprietorship firm. After a manhunt across Delhi-NCR, Bhopal, and Mumbai, Gogia was arrested on November 22, 2025, near Doiwala on the Rishikesh-Dehradun Road while fleeing toward Uttarakhand. He implicated four others: property dealer Vishal Malhotra (42), who handled fund transfers; Sachin Gulati (40), with a prior criminal record, who lent his bank account; Pathak (35), the initial contact; and Bharat Chhabra (33), who forged the documents.
Police described the operation: Gogia targeted disputed or mortgaged properties, created fake titles, and laundered funds through multiple accounts to Babaji Finance run by Ram Singh, who is still at large. Gogia took 40% of profits, Ram Singh 60%. The gang has scammed victims in Delhi, Punjab, Madhya Pradesh, and Goa for over Rs 200 crore since 2019, with Gogia linked to 16 cases.
"The accused lured victims on the pretext of premium properties at extremely low rates, produced forged documents, fake allotment letters and bogus registration drafts," said DCP Aditya Gautam. Authorities seized two cars bought with fraud proceeds and frozen linked accounts, vowing to dismantle the nationwide network.