'Property documents more prone to frauds'

BANGALORE: Forensic documents and finger prints examiner B N Phaneendar has said that property documents are more prone to frauds among all other documents and it has become a nightmare for fi

Published: 03rd April 2011 02:55 AM  |   Last Updated: 16th May 2012 07:17 PM   |  A+A-

BANGALORE: Forensic documents and finger prints examiner B N Phaneendar has said that property documents are more prone to frauds among all other documents and it has become a nightmare for financial institutions.

Addressing a press conference on Saturday, Phaneendar, Director of Forensic Department in Graphotek Consultants Private Ltd, said that property document frauds have victimised the buyers and financiers of the property.

"There is a need to create awareness among the public to prevent document fraud. If required, people should approach a qualified forensic document examiner to make sure of the authenticity of documents," he said.

Advised

He advised people to never accept any documents or agreements that are not signed in front of them and to know the reasons if stamp papers are bought years before and it has been typed now.

"People generally think that documents containing subregistrar's seal or signature, notarised documents being financed by banks or cooperative societies are always authentic. This mindset has to change. People should be very cautious about the authenticity of documents that are laminated," he added.

'Don't get carried away by pressure'

Phaneendar also said that people should make sure of even the witnesses sign the documents in front of them and should not get carried away by external pressure created to sign any document unless they read it completely.

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