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Mumbai man held for purchasing 23 vehicles using forged loan documents

A 48-year-old man has been apprehended on charges of procuring more than 20 vehicles, including seven cars, through fraudulent means involving the use of forged documents, as told by a Mumbai police official on Friday.

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A 48-year-old man was arrested for buying over 20 vehicles, including seven cars, using forged loam documents, an official of the Mumbai Police told PTI on Friday. According to the official, the investigation was initiated when the non-banking finance company (NBFC) initiated a search for the loan applicant due to a halt in the equated monthly installments (EMIs) related to a two-wheeler loan. 

Reportedly, the NBFC's analysis of the submitted documents revealed they were forged and thus a case was filed at the Marine Drive police station. The suspect was arrested through an examination of the agreement of the sale he provided which featured his photograph and personal information. 

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