Bank loan scam: Po­lice seize 10 high- end cars

Hindustan Times ST (Mumbai) - HT Navi Mumbai Live - - NAVI MUMBAI - G Mo­hi­ud­din Jeddy ht­for­nav­i­mum­bai@hin­dus­tan­times.com

The po­lice have re­cov­ered 10 high- end cars from Kapil Ra­jput, who has been ac­cused of tak­ing bank loans for 24 such cars and de­fault­ing on the pay­ments.

Di­rec­tor of Dwarka Milk, Ra­jput, po­lice say is in­volved in over Rs 350- crore fi­nan­cial scams. Ra­jput who was ar­rested by Vashi po­lice is be­ing ques­tioned by Navi Mum­bai crime branch. Fol­low­ing his ar­rest in a case in­volv­ing al­legedly fraud­u­lently trans­fer­ring a bank loan ex­tended to an­other per­son to his com­pany ac­count, sev­eral banks re­port­edly con­tacted the po­lice and in­formed that they had not re­ceived the in­stal­ments on the loans ex­tended by them.

The crime branch has re­ceived com­plaints about 24 such cars and loans worth Rs9.50 crore. that have been de­faulted on. Deputy com­mis­sioner of po­lice (crime) Dilip Sawant, said, “Fol­low­ing in­ves­ti­ga­tions by the eco­nomic of­fence wing of the crime branch, 10 high-end cars have been seized from var­i­ous places.”

Audi was seized from Ra­jput while Mercedes was seized from his brother Mithilesh who was us­ing it. It was found from out­side Pan­vel’s Gar­den ho­tel. One Line car was seized from a garage in Ko­pri while the other from for­mer Pan­vel NCP coun­cilor Su­nil Mo­had. Po­lice also seized the Corolla and Cruz from Ra­jput’s char­tered ac­coun­tant Dipesh Thakkar. The Mercedes was seized from Santosh Tal­pade.

Sawant said, “We are in­ves­ti­gat­ing how the cars that Ra­jput had bought through the loans ended up with the var­i­ous in­di­vid­u­als. We are check­ing if they were in­volved in the crime or were vic­tims.”

A po­lice source said, “Ra­jput has been drop­ping names of top politi­cians and in­flu­en­tial peo­ple. In­ves­ti­ga­tions are on to find out if any of them were ben­e­fi­cia­ries.”

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