The Mumbai Police has busted a luxury car fraud racket and arrested seven people in connection with case, the police officials said on Monday. Pics/Ashish Raje (Story/Faizan Khan)
Updated on : 24 February,2025 09:22 PM IST | Compiled by : Asif Ali Sayed
The action was taken by the Unit III of the Mumbai Crime Branch. Pics/Ashish Raje (Story/Faizan Khan)
According to the police, as part of the fraud they allegedly procured luxury and high-end cars using forged documents
The gang took out loans in the names of businessmen from different states by misusing their GST numbers and creating fake papers
The Mumbai Crime Branch has also seized 16 vehicles, including luxury models like BMW, Fortuner, and Scorpio
The suspects were arrested in different cities, including Delhi, Madhya Pradesh, Ahmedabad, and Mumbai, the police said
The gang was selling these cars at half the market price, making huge profits through their illegal activities, police officials said
