Chennai: The Central Crime Branch (CCB) has arrested two individuals, including businessman Vinayaka Acharya, for allegedly forging documents related to a property worth Rs2.5 crore in Guindy. The accused are said to have used the fake papers to secure a bank loan and cheat the rightful owner.
According to police sources, Abdul Khader, 65, a resident of Guindy, was in need of money for his daughter’s wedding. He sought financial help from his acquaintance Vinayaka Acharya, who runs a business in Madipakkam.
Acharya reportedly agreed to help Khader by pledging his property as collateral for a loan. Under this pretext, he obtained a general power of attorney (GPA) in his own name. Later, without Khader’s knowledge, Acharya allegedly forged a “life certificate” in Khader’s name and used it to sell the property to Sujatha of Salem.
The CCB has registered a case of forgery, cheating, and criminal breach of trust, and both accused have been taken into custody for further investigation.
