Rs 10 crore con case: 1 more arrested
The accused has been identified as Ajay Shah, from Sangli district
Cuffeparade police have arrested one more person in connection with the Maharashtra State Tribal Development Corporation (MSTDC) fraud case, wherein Rs 10 crore was siphoned from the bank account of MSTDC, Nashik.
The accused has been identified as Ajay Shah, from Sangli district. The police had earlier arrested two more persons in connection with the case — Mumbai-based Pravin Shivmane (23) and Thivu Mutthi Kishore (45), bank manager from Nashik.
According to police, Shah is the one who was instrumental in opening the forged account in the name of MSTDC in the Mumbai-based bank on the instructions of some other person. Police said Shah had allegedly produced all the forged documents to submit in the bank.
When we interrogated Shivmane and Kishore, Shah's name popped up. We have come across few more names in the racket and are in process of zeroing in on them," said Manoj Kumar Sharma, Deputy Commissioner of Police, Zone 1. The police now are on the lookout for the rest of the people involved in the case, and believe this to be a major racket that is operational in the state.