Santosh Bhikaji Kambli (36), of Dhankawadi, lodged a complaint in this regard at the Deccan Gymkhana police station. The con artists who duped Kambli were identified as Manali Prasad Kulkarni, Vijayshree Kadam, Ashok Kulkarni and Sanjay Dongre, and their three accomplices.
Police officials said that in January, Kambli came across a newspaper advertisement promising easy loans. Since he was looking for a loan to start his hotel, he contacted the number mentioned in the advertisement, and got in touch with Kulkarni. They met on several occasions at a restaurant on JM Road.
“The suspects took Rs 10.72 lakh in instalments from Kambli for getting the loan sanctioned. They even gave him bogus fixed deposit (FD) certificates to show that he had enough cash security. Later, they told him that the loan was sanctioned and gave him demand drafts, which too were bogus,” sub-inspector BM Dayma of the Deccan Gymkhana police station said. Apart from duping Kambli, the accused also tried to withdraw money from his wife’s account by forging her signature.