oppn parties Dilip Chhabria: Greed Fells Another Famous Businessman

News Snippets

  • In a first, the Supreme Court recognizes marital rape, although for the limited purpose of allowing married women the right of abortion up to 24 weeks if they conceived as a result of forced sex by their husbands
  • Air India cuts discounts on base fare to students and senior citizens from 50% to 25%
  • Mallikarjun Kharge and Digvijay Singh are being touted as frontrunners to take on Shashi Tharoor in the elections for the post of Congress president
  • Sonia Gandhi will decide who will be Rajasthan CM if she feels there is a need to change guard after the near-rebellion by MLAs in the state
  • Ashok Gehlot bowed out of the race for being Congress president after meeting Sonia Gandhi
  • India has moved to the 40th spot in the innovation index, up 6 spots from last year
  • DGGI has alleged that top insurance companies, banks and NBFCs has committed a fraud of Rs 800cr by claiming input tax credit without underlying supplies
  • The Centre will borrow Rs 10000cr less than planned earlier due to good revenue collections
  • At $23.9bn, India's current account deficit widened to 2.8% in Q1, the worst in four years
  • Stocks continue to flounder on Thursday: Sensex sheds 188 points to 56409 and Nifty 40 points to 16818
  • The 36th National Games were declared open on Thusrday by PM Modi in front of a record crowd in Motera near Ahmedabad
  • Jasprit Bumrah most likely to miss T20 World Cup due to recurrence of back injury
  • PFI's political wing, the SDPI is on EC radar and action will follow soon if discrepancies are detected
  • Ashok Gehlot to meet Sonia Gandhi today, says all issues will be sorted out soon
  • Referring to the PFI ban, most Muslim organizations ask the government to take similar action against right wings organizations like the RSS, Bajrang Dal, VHP and the like
In a landmark order, Supreme Court rules that all women, married or unmarried, are entitled to safe and legal abortion up to 24 weeks of pregnancy as per the MTP Act
oppn parties
Dilip Chhabria: Greed Fells Another Famous Businessman

By Ashwini Agarwal
First publised on 2020-12-30 11:03:04

The arrest of famous car modifier/designer Dilip Chhabria comes as a huge surprise. Here was a man who used to have the rich and famous make a beeline to his studio and get their car exclusively remodeled by him or buy his in-house Avanti sports cars, without bothering about his idiosyncrasies and the fat payments. What was the need for him to get into such petty scams? Greed seems to be the only answer.

Chhabria has been arrested by the police for having got the same vehicle registered with multiple RTOs, having secured vehicle loans from multiple NBFCs against the same cars and for having reneged on loan repayments. The scam is said to be as big as Rs 100 crore. Mumbai police suspects Chhabria's company, Dilip Chhabria Designs Private Limited (DCDPL) of either manufacturing two sets of cars with the same engine and chassis numbers or making two or more sets of documents for the same car.

The matter came to light by chance when the police got a tip off about a DC Avanti car bearing a fake registration number parked near Hotel Trident at Nariman Point in Mumbai. On investigation, it was found that the same car was registered with the RTOs in both Chennai and Gurugram. The police set up an undercover operation and found out the modus operandi when an assistant police inspector, posing as a buyer, bought a car and got multiple loans on the same vehicle with the help of DCDPL. The police moved in and arrested Chhabria.

The scam shows that the urge to make easy money can make a criminal out of even some respectable persons. Chhabria was a pioneer in car designing in India and led a high-flying life style, rubbing shoulders with the jet set. In his prime, he was a regular on page 3 of most newspapers. Obviously, something was not right with his finances after he started making Avanti cars. But fraudsters never seem to understand that however cleverly they mask their footprints, the investigative agencies will catch up, sooner rather than later.