Land sold in Bhadohi used as collateral for loans from two banks, disclosure made
In Bhadohi, Uttar Pradesh, three brothers are accused of selling land and then mortgaging it to two banks for loans, with the victim being a deaf-mute woman who legally acquired the land.
In a shocking case from Bhadohi district in Uttar Pradesh, three siblings are accused of a fraudulent scheme involving land transactions. They allegedly sold a piece of land to a deaf-mute woman, Jyoti Devi, on December 3, 2021, but later used the same land as collateral to secure loans from two different banks. The transaction was executed through a legally registered sale deed, which granted Jyoti ownership of the land worth ₹1 lakh. Despite the legal ownership, the brothers purportedly conspired to cheat her by reusing the land collateral for financial gain.
The local police initiated an investigation following a court order and have registered a case against the accused brothers: Ram Bahadur, Shiv Bahadur, and Shyam Bahadur. The incident raises serious questions about property rights and the circumstances under which vulnerable individuals, like Jyoti, can be exploited in real estate transactions. This case highlights ongoing issues within the judicial system regarding the protection of marginalized communities in property dealings.
The involvement of law enforcement and the courts in this matter signifies the importance of addressing fraudulent practices in land transactions, especially in areas where individuals may lack awareness about their rights or legal procedures. The outcome of this case could set a precedent for similar incidents in the future and potentially lead to reforms aimed at better protecting property rights for disenfranchised individuals.