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House lease scam: Over 30 allege losing lakhs in fake property promise

Blurb

Victims claim they were duped after paying up to ₹30 lakh for promised lease homes.

CH NEWS
BENGALURU

A major alleged house lease fraud has surfaced in Bengaluru, with more than 30 people accusing a woman of cheating them out of lakhs of rupees by falsely promising to arrange houses on lease.

According to the complainants, the accused, identified as Syeda Asma Javeed, allegedly claimed she could secure residential properties on long-term lease and persuaded people to pay substantial amounts in advance. Trusting her assurances, several victims handed over large sums, expecting possession of the promised houses.

Victims alleged that they paid amounts ranging from a few lakhs to as much as ₹25 lakh to ₹30 lakh under the purported lease agreements. Many said the money represented their lifetime savings or funds borrowed from relatives and lenders, leaving them in severe financial distress after the alleged fraud came to light.

Several complainants claimed they were shown buildings and other properties during negotiations, giving them confidence that the transactions were genuine. However, they later realised the promised houses were never handed over and that they had allegedly been deceived.

The alleged scam is believed to have affected over 30 people across the city. Victims also claimed that members of the transgender community were among those who invested their savings after believing the accused’s assurances.

On learning that they had allegedly been cheated, the victims assembled outside Hebbal Police Station, demanding immediate action against the accused and recovery of their money. Many expressed anguish, stating that years of savings had been wiped out and appealed to the authorities to ensure justice.

Police have begun collecting statements from the complainants and are examining documents, payment records and other evidence submitted by the victims. Investigators are also trying to establish the total amount allegedly collected and whether additional people may have fallen prey to the same modus operandi.

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Police begin probe

Based on complaints received from the victims, Hebbal Police have registered a case against the accused and launched an investigation. Officials are verifying financial transactions, property-related documents and other evidence to determine the scale of the alleged fraud and identify any additional victims or accomplices. Further action will be taken based on the findings of the investigation.

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