Thursday, September 21, 2017

Man arrested over fake home ownership documents

A man who allegedly absconded after swindling millions of kyats from seven women by selling fake house ownership documents has been arrested in Yangon Region, police said last week.

Police allege the Tarmwe township resident embarked on the scam in March 2013, when he convinced a woman from Kyeemyindaing township he worked in the information department of the President’s Office and owned several apartments in an affordable housing project.

He said he had bought the apartments in instalments and wanted to resell them, police allege.

The woman paid K5 million for two apartments and was given fake ownership documents, police say.

The man was arrested by police in front of the Yankin Children’s Hospital on January 28.

After interrogation, they discovered the alleged scam was far broader than originally believed. Police say the man confessed to taking almost K19 million in total from seven people. The alleged victims – all women – were residents of Insein, Hlaing, Ahlone, Bahan, Pabedan and Kyeemyindaing townships. 

Police say that more cases could still come to light.

The man has been charged with cheating and forgery and faces up to 10 years in prison.

– Translation by Thiri Min Htun