98-Year-Old Man Duped of Rs 4 Crore Worth Land in Boluvampatti, Coimbatore

In Boluvampatti near Alandurai, Coimbatore, 98-year-old Vellingiri Gounder was swindled out of land worth Rs 4 crore. The family realized the fraud only when unknown individuals began erecting fences around their land.


Coimbatore: A deceptive transaction has left Vellingiri Gounder, a 98-year-old resident of Boluvampatti near Alandurai, Coimbatore, bereft of his 2½ acres of farmland, estimated to be worth around Rs 4 crore. The Gounder family discovered the plight of their property only after unknown persons began to enclose the land with fences on May 30.

The drama unfolded when Vellingiri, who believed he was securing a bank loan to retrieve his land already under bank notice for a previously borrowed sum, was actually conned into signing over the property as collateral. Finance broker Easwaramoorthy from Karur misled Vellingiri and his family into signing what they thought were loan documents at the registrar's office. The actual papers transferred the ownership under the guise of loan collateral.

On the day of the fence erection, more than ten individuals led by Easwaramoorthy’s son, Abishek, entered the land and started installing fences, claiming the property now belonged to them. The action prompted Vellingiri’s family, who were cultivating sorghum on the seized land, to confront the group. Subsequently, the face-off escalated quickly as the group with heavy machinery began to destroy the sorghum crops.

Realizing the enormity of the deceit, Vellingiri’s family, including his sons and daughters, approached the Coimbatore District Superintendent of Police on May 30 to lodge a complaint. Lawyer Poornima, representing the family, exemplified how the illiterate members were duped in executing the deed without understanding the documents’ implications.

As the dispute over land ownership intensifies, the elderly Vellingiri, leaning on a walking stick, was seen pleading for justice at the police station, urging stern action against those who wronged him. The authorities have been called upon to investigate the matter and restore the rightful ownership to the elderly gentleman and his family.

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