AV Infracon CMD Arrested for Rs 8 Crore Investment Scam in Telangana
Cyberabad police have arrested Gogula Lakshmi Vijaya Kumar, chairman and managing director of AV Infracon Pvt Ltd, for allegedly defrauding investors of Rs 8 crore through fraudulent real estate schemes.
Real EstateInvestment ScamCyberabad PoliceEconomic Offences WingAv InfraconReal EstateJun 26, 2025
According to police, the accused lured depositors with false promises of high returns on real estate investments. Since 2021, he and his associates operated under the guise of a legitimate business, collecting funds and diverting them into other ventures. The accused reportedly executed agreements of sale, MoUs, and sale deeds to create an illusion of legal security. However, in most cases, neither were plots registered nor funds returned.
In one scheme, investors were promised 50% returns on deposits ranging from Rs 10 lakh to Rs 20 lakh after one year. In the buyback scheme, land would be registered in the investor’s name and later “bought back” by the company with added returns. Under the pre-launch scheme, 2BHK flats were offered at low prices in high-rise or semi-gated projects, with promises of possession within two years and high profits.
Police said these were part of a premeditated plan to mislead investors by falsely claiming ownership of land and launching fictitious projects. The Economic Offences Wing is now conducting a detailed investigation to trace other accused individuals, recover the diverted funds, and return the money to the victims.
The arrest of Gogula Lakshmi Vijaya Kumar is a significant step in the ongoing efforts to combat financial fraud and protect the interests of investors in the real estate sector. The police are urging any potential victims who have not yet come forward to report their cases and provide any additional information that could aid the investigation.
AV Infracon Pvt Ltd, a company that claimed to specialize in real estate development, is now under scrutiny. The company’s operations and financial records are being thoroughly examined to uncover the extent of the fraud and to ensure that justice is served for all affected parties.
Frequently Asked Questions
Who was arrested for the investment scam in Telangana?
Gogula Lakshmi Vijaya Kumar, the chairman and managing director of AV Infracon Pvt Ltd, was arrested for the investment scam in Telangana.
How much money did the accused allegedly defraud investors of?
The accused allegedly defrauded investors of Rs 8 crore through various fraudulent real estate schemes.
What were the main schemes used to defraud investors?
The main schemes included promises of 50% returns on deposits, a buyback scheme where land would be registered in the investor’s name and later bought back, and a pre-launch scheme offering 2BHK flats at low prices with promises of high profits.
What is the role of the Economic Offences Wing (EOW) in this case?
The Economic Offences Wing (EOW) of Cyberabad police conducted the investigation and made the arrest. They are now working to trace other accused individuals, recover diverted funds, and return money to the victims.
What should potential victims do if they have information about the scam?
Potential victims are urged to report their cases and provide any additional information to the police to aid the ongoing investigation.
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