Updated On: 12 December, 2023 07:35 AM IST | Mumbai | Samiullah Khan
Convinced by accused, businessman bought 18 secondhand luxury cars and gave them on lease for Rs 22.17 lakh a month, but the accused stopped paying rent after two months

One of the secondhand cars acquired by businessman Karandeep Singh Lugani
The Andheri police have apprehended a conman identified as Sheldon Vaz who allegedly cheated a businessman of approximately Rs 65 lakh. Vaz allegedly convinced the businessman to buy a fleet of 19 high-end cars and rent it to him for R22.17 lakh per month. Later, Vaz stopped paying the rent and refused to return the cars.
According to police sources, Vaz paid the rent only for the first couple of months before stopping the payments. This prompted the businessman, 32-year-old Karandeep Singh Lugani, who is the vice president of Bharatiya Janata Yuva Morcha (BJYM) North Central Mumbai, to file an FIR. The police have recovered around 10 cars so far.