The Mumbai Crime Branch Unit 3 has dismantled a sophisticated network of fraudsters that allegedly defrauded financial institutions to the tune of Rs 7.5 crore. The investigation centres on a gang of seven individuals who used forged documents to secure loans for high-end vehicles, resulting in the seizure of 16 luxury cars—including 11 Toyota Fortuners, a Mercedes, a Mahindra Thar, and a BMW convertible. Deputy Commissioner of Police (Crime) Datta Nalawade revealed that authorities are in the process of seizing an additional 6-7 vehicles currently being transported to Mumbai.

The vehicles seized include a BMW convertible. Pics/Ashish Raje