Hyderabad: A former sub-registrar of the Keesara sub-registrar office, who allegedly facilitated the registration of fake and tampered property documents used in multiple real estate transactions and housing-loan frauds, was arrested by the Keesara police on Tuesday.The arrest comes nearly five months after six persons were arrested by the Keesara police in connection with the same case. The fraud had come to light after a retired employee from Nizampet, Doppalapudi Ravindra, had lodged a complaint alleging fake sale deeds had been executed for his 300-square yard plot in Rampally village.The former sub-registrar has been identified as Mohammad Yousuf-ur-Rahman. Police said their investigation into a series of real estate fraud cases revealed his alleged collusion with key conspirators, fake sellers, impersonators, loan borrowers, document writers, GPA holders and real estate brokers.According to police, the accused created forged property documents, got them registered and subsequently used them as title or security documents to obtain loans from banks and housing finance companies. So far, investigators have identified 11 such fraudulent transactions through which about ₹4.11 crore was allegedly obtained.Police identified six sale deeds registered at Keesara SRO during Yousuf’s tenure in connection with the case. The documents were registered in 2021 and 2022.Yousuf is also known to be involved in six other cases involving the alleged registration and use of fake or fabricated property documents, incorrect link documents, impersonation and General Power of Attorney (GPA) or agreement-of-sale-cum-GPA documents for property transactions and loans.“Their modus operandi is to identify people facing financial hardship and use their names and identities to secure housing loans. After the loans were sanctioned, the borrowers allegedly stopped paying EMIs and disappeared. When banks subsequently verified the properties, it was found that some physical properties did not exist, survey or plot numbers had been altered, and fake link documents had been used,” Malkajgiri DCP Ch Sridhar said in a press briefing on the case.Yousuf’s residence was searched on the day of his arrest, and documents, records and other material allegedly connected to the cases were seized. He was produced before a court and remanded in judicial custody..
