OPID

Real estate fraud: OPID court orders auctioning of realtors’ properties

Pronouncing the verdict, the court directed the Additional District Magistrate Cuttack to sell the attached properties by auction, release the sale proceeds to realise the amount in the bank accounts for equitable distribution among the deceived depositors.

# Bhubaneshwar

Retired army lieutenant colonel, associate convicted for land fraud in Odisha

The EOW had later taken up the investigation after Patitapabana Biswal, one of the 542 investors, had lodged a complaint. Rs 55.20 lakh bank balance besides 3.20 decimal of land owned by the bogus companies was later attached.

OPID

Real estate fraud: OPID court orders auctioning of realtors’ properties

Retired army lieutenant colonel, associate convicted for land fraud in Odisha

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