A shocking realty swindle has been exposed in Delhi, with Dwarka South police nabbing a fugitive couple from Greater Noida for peddling the same flat to numerous buyers. The audacious scheme netted them crores before the long arm of the law caught up.
The unraveling started with dual fraud reports at the local station this year. Complainants described being duped by a woman who signed preliminary sale pacts, grabbed token payments, but failed to register the property or repay. Investigations kicked off under BNS cheating clauses.
To tackle the complexity, a crack team under Inspector Rajesh Sah and ACP Kishor Rewala was assembled, featuring SI Naveen Yadav, ASI Mahavir, HC Praveen Yadav, HC Bhushan, and WPC Rupali Devi. Tech surveillance combined with tip-offs pinpointed the accused’s location.
Caught red-handed were Naresh Sikri (57) and Sharda Sikri (55), the latter a court-declared absconder from September 24, 2025, post-bail denial.
Interviews exposed their desperate plot: with the flat under bank mortgage, they replicated sales to fund a settlement, scamming Rs 2-2.5 crore. Legal proceedings culminated in court remand.
Cops are now hunting more swindled parties and tracing laundered money. The duo’s history suggests a pattern of deceit, promising deeper revelations ahead.