India, Dec. 29 -- Delhi Police's Crime Branch has busted a high-value interstate property fraud racket that duped a woman of Rs 12.04 crore. The accused sold her a non-existent luxury apartment in DLF Camellias, Gurugram. The police have arrested five key accused, including the alleged mastermind, Mohit Gogia.

Apart from them, police are still searching for other conspirators, including Ram Singh, alias Babaji, who is believed to be the main handler of the syndicate.

The racket is linked to property fraud worth over Rs 200 crore across several states. The accused allegedly used forged bank auction documents and fake sale certificates to lure victims with promises of premium properties at throwaway prices.

The Crime Branch registered th...