The Malabar Hill police have apprehended three individuals involved in a fraudulent scheme that led to a Rs45 lakh car loan scam. The suspects, identified as Ashfaq Ajmeri (alias Tanmay Sarkar), Imran Hussain Mehradine Khan, and Sainath Venkatesh Ganji (also known as Vikas or Kaushal Bhiyani), were found to have fabricated documents under the name of a West Bengal resident to secure the loan.
According to police reports, the scam occurred between February 1 and March 23. Ashfaq Ajmeri, a car dealer from Ahmedabad residing in Thane, collaborated with his friend Imran Khan, a bank manager from Malad. They created fake documents, including Aadhar and PAN cards, to present to the bank as legitimate.
The duo successfully secured a loan of Rs45 lakh, but their deception was uncovered when the bank initiated an investigation after noticing irregularities in the loan repayment. The bank’s branch manager subsequently filed a complaint with the Malabar Hill Police Station.
Police began their investigation, utilizing technical evidence and coordinating with the Lokmanya Tilak Marg Police Station. Imran Khan was arrested while traveling from Jaipur to Bandra by train. Following his interrogation, authorities seized a Toyota Fortuner linked to the scam.
As the investigation unfolded, Ashfaq Ajmeri fled but was later tracked down and arrested. Further inquiries revealed that Sainath Ganji was the mastermind behind the operation, and he was subsequently taken into custody in Mulund. Cases against Ganji have also been filed with multiple police stations, including the Economic Offenses Wing.
The police continue to investigate the breadth of this financial fraud, aiming to bring all involved to justice.
