Delhi Police Dwarka District busted an interstate gang involved in fraud financing of vehicles
New Delhi, April 19
The Delhi Police Dwarka District busted an interstate gang involved in fraud financing of vehicles across the country.
The key accused was identified as Mohd Saizi Abdul Lateef from Inderlok. He was doing job as old car and sale purchase. He has allegedly committed similar frauds across the country.
The other accused were identified as Hemant Kumar from Tri Nagar who was a driver in Tour & Travels Company. He came in contact of Mohd Saizi, Deepak, who is commission agent of transport authority.
The third accused is Parminder Singh Malhotra alias Rajan from Virender Nagar. He worked as a property dealer and later started business of selling new and old cars. The fourth accused is Parvesh Singh from VPO-Kanganheri is a mechanical Engineering. He came in contact with Parvinder through Hem Chand to earn easy money through sale and purchase of the vehicles.
The fifth accused is Arun Kumar from VPO Chhawala. He was working as a shopkeeper of CCTV cameras installment. He came in contact of Parvesh for sale and purchase of the vehicles.
The sixth accused is Amit Jacob Singh from Fatehpurberi who is an MBA. In 2018, one New Endeavour Car worth about 38 Lacs was also purchased by him from Moti Nagar by tampering his ID as Rohit Aggarwal. This time he sold the XUV-500 with the help of his above said associates by the name Wasim.
DCP Dwarka, Santosh Meena stated that the accused run an inter state gang of buying and selling cars on forged documents. In the complainant's case, the vehicles were purchased by them with intention to grab the bank loans and money paid by the complainant. The documents given by the complainant for purchase of vehicles (to start the business) were forged by the accused.
The Dwarka police stated that in December 2020, they had received a complaint frim Naveen Kumar Dutt from Uttam Nagar in Delhi that one Mohd Saizi Kureshi was residing at his building as a tenant. He was into the tour & travels business. He offered Naveen to join his business of Tour & Travels with inducement of good profit. On advise of Mohd. Saizi, he handed over some documents and blank signed cheques to Md Saizi for the purchase of three SUVs - TATA NEXON (DL-11CB-9041), Hyundai Creta (DL-6CS-4192) and Mahindra XUV 500 (HR 26 DR 4459) - from different agencies against the bank loan. All the documentation work for bank loans was carried out by Mohd. Saizi.
The complainant stated further that while the TATA NEXON was handed over to Naveen byMohd. Saizi, remaining two vehicles were kept by him in his possession stating that both vehicles were already attached to companies with good returns. However, even after lapse of a considerable period neither the profit nor the above said vehicles were returned to Naveen. When he pressurized Mohd. Saizi to return his vehicles, he along with his family clandestinely vacated the house and absconded. His mobile phone was also found to be switched off.
The officials said that during the investigation of the case, efforts were made by police to nab the alleged MohdSaizi but he remained elusive. Meanwhile, two persons met Naveen Kumar and threatened to kill him if he pursues the case against Mohd Saizi.
The police informed that the alleged absconding Mohd Saizi fell into the trap set by the police and was apprehended. During interrogation Mohd Saizi disclosed that he was in the business of sale / purchase of new and old vehicles in partnership with his associates namely Hemant, Jaikab, Parvesh and Arun Kumar. Due to lockdown the business suffered irreversible losses. So, he hatched a plan with Jaikab to fraudulently obtain bank loans on fake documents. To execute the plan, he persuaded Naveen to join his business of tour & travels and got him to purchase new vehicles for business.
The officials added that later the vehicles were purchased by them with intention to grab the bank loans and money paid by Naveen Kumar. The documents given by Naveen Kumar for purchase of vehicles were forged by him and the above said three vehicles were purchased. He gave some amount to Naveen saying that the said amount is his share of profit from his aforesaid three vehicles after depositing the installment of banks.
The officials further said that Mohd Saizi prepared forged NOC of Banks and details of bank loans mentioned in documents of the Transport Authority were also removed by him through Hem Chand alias Hemant. When Naveen asked about the monthly income, one of the three vehicles - TATANexon - was returned by him on the pretext that the company has refused to use TATA Nexon. Another two vehicles were sold by him with the help of Parvinder Singh alias Ranjan, Parvesh, Arun and Jaikab. For selling these vehicles, they prepared a fake address on the name & address of Wasim and photo of Jaikab was pasted impersonating as Wasim.
During investigation accused Parvinder Singh and Hem Chand were also arrested at the instance of Mohd. Saizi. During interrogation accused Parvinder Singh disclosed that they indulged in sale & purchase of financed vehicles. They purchased vehicles at low price on the basis of forged documents and later on sold these vehicles at the actual price to customers.
They also disclosed that they had also purchased four Activa scooty on bank loan by forged documents. Other Luxury vehicles were purchased by him from MohdSaizi and his associate namely Parvesh and Arun. During investigation accused Parvesh, Arun and Amit Jacob Singh were also arrested at the instance of Parvinder Singh and Hem Chand.
During investigation, Mahindra XUV-500, which was sold on the basis of forged documents was recovered at the instance of accused persons. Besides this, 16 Luxury cars and four ActivaScooty have also been recovered from the possession / at the instances of accused persons.
One Renault Duster car was also recovered at the instance of accused MohdSaizi. On interrogation, it is revealed that he fradulantly purchased a new Renault Duster car on bank loan and later he purchased one total damaged vehicle of the same model from a scrap dealer, tampered its Engine No. & Chassis No. with that of the new Renault Duster car. Then, he sold the new car to a customer thereby earning money illegally. The remaining scrap of the total damaged vehicle was then sold by him to Scrap Dealer.
The police seized one laptop used to create forged documents, forged sale letters issued on behalf of car owners, forged bank NOC issued on behalf of banks and six mobile phones.
The police are further investigating and recovering the vehicles. The police are also probing the role of transport authority and banks employees in this huge fraud.
With the arrest of this gang, the police have detected similar cases from Mohannagar amd Kirtinagar of Delhi, two from Kanpur (Rs. 1.40 crores), Aligarh and Bengaluru.
VEHICLES RECOVERED:-
1)DL-9CAT-0624 (CRETA)
2)DL-9CAT-7094 (SWIFT)
3)DL-12-CS-9303 (CRETA)
4)DL-12-CT-3602 (VENUE)
5)DL-4CAZ-8669 (HONDA AMAGE)
6)DL-1CAC-5939 (CRETA)
7)DL-5CR-5343 (I-20)
8)DL-8CAW-6659 (SWIFT DZIRE)
9)DL-9CAT-6911 (SCORPIO)
10)DL-4CAZ-8760 (HONDA AMAGE)
11)DL-3-CBV-9673 (DUSTER)
12)HR-29-AW-6889 (I-20)
13)DL-1CAD-0683 (CRETA)
14)HR-51-CD-7910 (I-20)
15)DL-10-CL-5113 (LEEVA)
16)HR-26DR-4459 (XUV-500)
17)DL-11-cb-9041 (TATA NEXON)
18)DL-4CAU-7129 (CIAZ
19)DL-12CA-3162 TATA NEXON
20)UK/2020 T/R-4148 (CRETA BLACK COLOR)
21)DL-3SES-5613 (ACTIVA SCOOTY)
22)DL-4SDC-8251 (ACTIVA SCOOTY)
23)DL-4SDF-3923 (ACTIVA SCOOTY)
24)DL-4SDC-8233 (ACTIVA SCOOTY)
