An Andhra Pradesh-based realtor, Gogula Lakshmi Vijaya Kumar, was arrested for defrauding investors in Hyderabad of Rs 8 crore through buyback and pre-launch schemes. Kumar, the director of AV Infracon Private Limited and AV Organo Farms Private Limited, lured investors with false promises of high returns and legal ownership.
Real Estate FraudInvestment SchemesHyderabadGogula Lakshmi Vijaya KumarAv Infracon Private LimitedReal Estate NewsJun 26, 2025
Gogula Lakshmi Vijaya Kumar is the director of AV Infracon Private Limited and AV Organo Farms Private Limited. He was arrested for defrauding investors in Hyderabad of Rs 8 crore through various investment schemes.
Kumar offered investment plans, land buyback offers, and pre-launch housing deals. He promised a 50 percent return on deposits after one year and offered 2BHK flats at low prices with a delivery period of two years.
To gain the trust of investors, Kumar executed Agreements of Sale, MoUs, and Sale Deeds, making them believe that their investments were legally valid. However, he never registered the plots or returned the money.
The fraud was initiated in 2021 when Kumar and his associates posed as legitimate real estate developers. The money collected from depositors was allegedly diverted to other personal and undisclosed investments.
Kumar was arrested based on a complaint filed by a Hyderabad resident. The case was registered under Sections 316(2) and 318(4) of the Bharatiya Nyay Sanhita (BNS) 2023, and Section 5 of the Telangana Protection of Depositors of Financial Establishments Act, 1999.
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