Thane man seeks loan for new car, is shocked to learn he already bought two!

Dashrath Sable The complainant

A 55-year-old businessman from Thane approached a financial institution to seek a loan to buy a new car, and was shocked to learn that he was on a defaulters list, for not repaying Rs 15 lakh for two cars purchased earlier. Dashrath Sable, who owns a travel business, found they had been bought with his documents and even his signature had been forged. He has complained to Chitalsar Manpada police station in the last week of January regarding the fraud.

Sable, a resident of Vasant Vihar, Thane west, said he learnt about the scam four months ago, when he approached Mahindra Finance for a loan to purchase a Maruti Breeza. "They told me that I couldn't get a loan as I am on a blacklist for not paying earlier loans. The list was circulated to finance companies. I have three cars for which I had taken loans from Mahindra and have been repaying the installment on monthly basis," he said.

Signature was forged
When Sable investigated, he found the cars were purchased using his documents. "Two cars worth around Rs 15 lakh have been bought in my name. Documents like my PAN card and other details were used and my signature was forged. Only the mobile number used in the documentation belonged to another person."

Sable said employees of the company may have misplaced his documents. He said, "The purchases were made two years ago, and the loan was disbursed by Hinduja Leyland Finance. I have complained to the Chitalsar Manpada police."

Police speak
Ganpat Pingale, Senior Inspector, Chitalsar Manpada police station said, "We will cross verify the complaint and on gathering evidence will take appropriate action." A senior official of Hinduja Leyland Finance said they received a complaint from Sable two days back, and will investigate, after which they will approach the police.

Rs 15 Lakh The sum for which the two cars were purchased

In a shocking incident, a 17-year-old boy killed his 19-year-old colleague with a butcher knife in a fit of rage over a rupees 300 loan. The GRP arrested a slaughterhouse worker on Sunday for allegedly committing the crime

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