Used car dealer held for fraud

 

Ponda police arrested a used car dealer and recovered a car sold by forging documents.
 
The accused was arrested late Wednesday while the car was recovered on late Thursday evening.
 
The police said that the accused Sujit Sadanand Shirwant, 35, of Nuvem-Salcete, had purchased a car by availing a loan from the State Bank of India's (SBI) Margao branch in March 2009. The accused repaid Rs 50,000 and sold the car to a third person by forging the documents of the car, states a complaint lodged by the bank manager Anil Gaonkar on Wednesday. Shirwant has been remanded to five days police custody by the court. [TOI]