Gift deed fraud Karachi?
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Gift deed is the most common document used for transferring property from one person to another. Mostly, a gift deed is used by rich people for inheritance. There are a few circumstances under which a gift deed can be considered for fraud in Karachi, as it is a way for the owner to avoid paying taxes. 1. Dual ownership of property Many people in Karachi have dual ownership of properties that belong to them and belong to someone else. There is nothing wrong with this, but if the other party files a gift deed in
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I was a Karachi resident and had a close relationship with some famous personalities and celebrities, and I used to frequent their houses. Once, while I was attending a party at A.J Abdullah’s house, a very attractive and charming girl named Fatima entered his house with her mother and siblings. Her mother was a wealthy lady and her sisters were also very rich. I was impressed by their family values and beauty. However, their mother was an old woman who did not like me too much, and my mother was a single
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Gift deed fraud has come into the limelight in recent times. redirected here In short, it is a common scam that takes advantage of a common law by manipulating it to suit oneself. This involves making false statements and documents to create a valid conveyance or ownership of property, which is not theirs. The consequences are dire for the person or the party in this case. The offenders can be the highest officials or judiciary of Karachi, business tycoons or even the entire local community. This is not to say that every gift deed
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Topic: Gift deed fraud Karachi? Section: Legal Shark Law Firm Karachi Now tell about Gift deed fraud Karachi? I wrote: Topic: Gift deed fraud Karachi? Section: Legal Shark Law Firm Karachi Now tell about Gift deed fraud Karachi? I wrote: Topic: Gift deed fraud Karachi? Section: Legal Shark Law Firm Karachi Now tell about Gift deed
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In today’s news, we hear of a notorious case of fraudulent transfer of property through a ‘gift deed’. This was done by a lawyer named Zahir Hussain and his son in the name of a ‘fictitious trust’ in Karachi. The transfer was effected in 2011 and after the purchase, he changed the owner’s name, transferred the property by giving it as a gift to another client. The client was a 30-year-old woman who had been a widow for
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The gift deed fraud is a kind of a crime which is growing in Karachi. People of Karachi are being cheated by the gift deed agents. There are several ways to avoid this fraud. One can hire a registered lawyer or law firm to carry out legal documentation. In the past, a few years ago, a friend of mine had given a gift to one of his friends on behalf of himself. But, unfortunately, I did not keep the original documents of the gift deed. Later, I realized that the gift deed is a fake
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Gift deed fraud is a widespread and serious issue in Karachi, as well as all around Pakistan. It is a legal crime, where a person takes advantage of a poor or vulnerable person by writing a fictitious will with the intention to take away his or her legal title, rights, and assets. The victim is unaware of the fraud until he or she finds out the reality through legal proceedings, which are expensive to settle. The victim is usually a beneficiary of a will that the fraudster prepares on behalf of