Vadodara police busted a gang operating a racket to provide loans from financial companies based on fake documents.
The police received information about Biren Shah, the owner of Avishkar cyber cafe, was running this scam where he collected important identity documents from bank defaulters and present them in finance companies after making changes. Then they would get loans for items like TV, fridge etc.
His accomplices Mubin Sheikh and Ganpat Rajput looked for these bank defaulters and got ID proofs like Aadhar card, Driving license, pan card and forged them with Biren Shah’s help. Then the trio would get sim cards to present to them to the companies and get loans. Then they would purchase these household products and sell them at a lower rate.
