Updated On: 01 October, 2013 12:35 AM IST | | Sagar Rajput
While one gang duped bank and 'customers' of Rs 1.36 crore by submitting fake papers for third-party car loans, another bought electronics on EMI by forging documents
Mulund police have arrested two groups of people for allegedly taking large loans from banks and financial institutes by submitting forged documents.

Sham-ful: Mulund police officers recovered a number of fake electricity bills, ration cards, tax papers, credit and debit cards from the arrested fraudsters; mastermind of the car loan fraud, Pankaj Chavre (in brown shirt). Pic/Rajesh Gupta