Pune: The Hinjewadi police have filed a case against five men and three women on charges of forging documents to sell 12 cars — hypothecated to various banks against loans — to an online pre-owned cars dealer. At the time of handing over the cars to the dealer, the eight suspects had claimed that the vehicles were loan-free. However, the fraud came to light in Aug this year, when the firm found that the loans were actually not cleared.
An officer from the Hinjewadi police told TOI that the fraud occurred between June and Aug 2024. A 40-year-old suspect from Punawale first approached the online pre-owned car dealer's office along with seven accomplices. "The suspects produced loan foreclosure certificates and no objection certificates (NOCs) of different banks and financial institutions, and also the Regional Transport Office's (RTO) form no.
35, which was required to cancel the hypothecation of the 12 four-wheelers," the officer said. Haryana Jammu & Kashmir Haryana Alliance View i Party View Seats: 90 Results Majority: 46 BJP 48 CONG 37 INLD 2 AAP 0 OTH 3 Results : 90 / 90 BJP WON Jammu & Kashmir Alliance View i Party View Seats: 90 Results Majority: 46 JKNC 42 BJP 29 CONG 6 PDP 3 OTH 10 Results : 90 / 90 HUNG ASSEMBLY Source: PValue He added that the suspects took Rs96.31 lakh from the pre-owned car dealership and handed over the 12 vehicles.
"The officials from the dealership later found that all these documents were bogus. The suspects had used fake stamps of banks an.