Cyberabad Police Warns about Lunar Real Estate Fraud

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Cyberabad police warned people of Hyderabad to be careful on the fraudulent activities like buying plots on the moon, Mars and Venus. Several sites like Moon Shop, Moon Estates, Lunar Registry, Lunar Landowner, Out of this World Gifts and Mars shop have been involved in selling such plots. The purchases of such plots even had no legal sanctity as no such legal entities were registered with the United Nations.

It was found that around 2,000 people were alleged to purchase such plots online. It was complained by many people that their credit and debit card details were stolen. The lunar real estate was even considered as an offence under the Information Technology Amendment Act.

Source: Deccanherald.com

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