Mumbai CA arrested in Rs 2.4 crore car loan fraud racket; police bust expanding scam network

Mumbai Police have uncovered a ₹2.4 crore car loan scam orchestrated by a self-proclaimed Chartered Accountant, Rahul Giri Shah. He exploited banking loopholes and identity documents, inducing victims like Suhash Mestri into taking loans for a fictitious car rental business.

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