Famous car designer Dilip Chhabria frauds with several financial firms

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By: Tanumoy Banerjee

Last Update: 2020-12-29 01:24:27 IST

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After the arrest of famous car designer Dilip Chhabria, the Mumbai Crime Branch said that it is one of the biggest scams in India's sports car finance and forgery. Crime Branch has described it as a case of fraud ranging from about 40 crores to hundred crores.

After the arrest of famous car designer Dilip Chhabria, the Mumbai Crime Branch said on Tuesday that it is one of the biggest scams in India's sports car finance and forgery. Chhabria is not only involved in many registrations of cars he has manufactured, but has also taken loans from non-banking financial companies on a car several times with fake documents. The crime branch in its initial investigation has described it as a case of fraud ranging from about 40 crores to hundred crores. 

Dilip Chhabria was buying as a customer after making several carts of the same registration and chassis number. He was also selling these cars to a third party. According to the Crime Branch, 127 such vehicles have been sold so far. Of these, around 90 vehicles are under investigation. Foreign engines installed in these vehicles are also being investigated. For example, whether there is an attempt to save tax when purchasing it. 

Joint Commissioner of Police (Crime) Milind Bharambe said that a case of fraud and forgery has been registered in the case related to India's first sports car DC Avanti. It was reported that such a car is going to come near the Taj Hotel. When the car was caught, the same number of cars also came out in Tamil Nadu and Haryana. After this investigation started. DC Design Private Limited Company of Chhabria has sold the same engine and chassis number to many people. The company has manufactured 127 trains. Investigation is still going on in this case. 

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