Bentonville Man Falls Victim to Alleged Land Scam
A Benton County man lost his dream restaurant to an alleged land scam. Nagaraju Bavirisetti thought he was buying 1.5 acres in Bentonville. He wanted to build a restaurant and market. But his dream quickly fell apart.
The Down Payment That Changed Everything
Bavirisetti sold his home to make a down payment. He paid Kunal Mody of Chicago more than $300,000. The land was next to Four Points Sheraton at 211 SE Walton Blvd. Mody owned the hotel through his company, Sree Akshar Inc.
A Shocking Discovery
Bavirisetti kept making payments. Then, he learned something terrible. Mody could not transfer the title. The land was collateral for a $10 million loan. The loan was taken out by Sree Akshar Inc. in 2016.
A Legal Battle Begins
Bavirisetti filed a lawsuit in Benton County Circuit Court. The case was filed in November 2024. His company, World Food Mart LLC, is seeking justice.
A Dream Turned Into a Nightmare
Bavirisetti had a vision for his business. He wanted to bring new flavors to Bentonville. He trusted the deal. But now, he faces a legal fight. His savings are gone. His dream is shattered.
How Could This Happen?
Real estate scams are rising. Many buyers do not know the land’s full history. Without a clear title, buyers risk losing everything.
What’s Next for Bavirisetti?
His lawsuit seeks compensation. He wants justice for what he lost. But legal battles take time. He must wait for the court’s decision.
Protect Yourself from Land Scams
- Check property records before buying.
- Hire a real estate lawyer.
- Do not trust deals that seem too good.
- Make sure the seller owns the land free and clear.
Final Thoughts
A man lost everything chasing his American dream. Now, he fights to get it back. This case reminds us all to be careful with big investments.
