Bengaluru police nab 2 men who created fake NOCs to sell cars; 7 MUVs seized

The fraud came to light when the Hyderabad RTO officials became suspicious of the authenticity of the documents pertaining to the vehicles and contacted their counterparts in Karnataka.

As the police, the prime accused purchased four MUVs in 2018 in the name of his company, Bengaluru Transport Solution, by taking a loan from a finance company. (Express)

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The Karnataka Police Monday arrested two people in Bengaluru who allegedly forged no objection certificates (NOC) from a finance company and a private bank to purchase cars and then sell them in Hyderabad, officials said.

The police seized six Multi Utility Vehicles (MUVs) and Rs 80 lakh from the accused Pradeep Kumar of Jogupalya and Mansoor. The fraud came to light when the Hyderabad RTO officials became suspicious of the authenticity of the documents pertaining to the vehicles and contacted their counterparts in Karnataka. The fraudsters had allegedly transported the vehicles to Hyderabad, the police said.

According to the police, the prime accused, Pradeep Kumar of Jogupalya, purchased four MUVs in 2018 in the name of his company, Bengaluru Transport Solution, by taking a loan from a finance company. “However, he stopped paying EMIs after three months and fled the place when the company visited his residence and office to recover the money. Additionally, he purchased two more MUVs on a loan taken from a private bank,” said an officer.

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The Central Crime Branch (CCB) police who arrested the accused said that Pradeep Kumar, along with Mansoor from HBR Layout, allegedly changed the number plates of all the cars and transported them to Hyderabad.

“The fraudsters created fake NOCs from the banks by forging seals and signatures. An NOC is mandatory to sell cars bought through a loan. When one of the purchasers submitted the NOC, they took assistance from two more individuals to forge additional NOCs,” the police said.

After receiving an alert from the RTO, the finance company filed a complaint with the Crime Branch in January.

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