With the arrest of three men, the Delhi Police’s Crime Branch on Saturday claimed to have busted a gang allegedly involved in selling luxury cars to buyers using forged bank documents. Police have also seized seven cars from the possession of the accused.
The accused have been identified as Rajeev Kumar (34), Vaibhav Rana (21) and Vijender Rana (51), who operated in the Delhi-NCR region and Uttar Pradesh.
Police said the gang usually got the cars financed through different banks using dummy applicants and later sold them to buyers (victims) after getting the vehicles cleared from transport authorities on submitting forged no-objection certificates (NOCs) of banks from where the vehicles were financed.
According to a senior police official, on August 2, a complaint was also received from one of the private banks about the two cars financed by them to two people and alleged that later it came to their knowledge that the hypothecation of the bank has been removed from Registration Certificate (RC) of both the vehicles after making false representations and on the basis of forged documents submitted in the RTO. “During investigation, local intelligence and technical surveillance led to the arrest of three men who were part of the gang and seven vehicles were seized upon their disclosure,” said the senior police official.