A nine-month investigation into a property dispute between two brothers has led the MHB Colony police to uncover a major financial scam involving multiple co-operative credit societies. Officers found that a father-son duo had issued cheques in the complainant’s name, but instead of being deposited into his bank account, the cheques were illegally withdrawn through a Nalasopara-based co-operative society.

MHB Colony police have now named two co-operative bank operators as co-accused in a Rs 26 lakh fraud. The complainant, Nishit Nitin Mehta, 44, a chemical businessman from Borivli West, has accused his brother Vinod Mehta, who is currently out on bail, and Vinod’s son Jignesh, who is absconding. Police have also added two more accused: Nitin Rupareliya, 42, who runs a co-operative credit society, and Manish Rajpopat, 47, of Chembur, who operates another co-operative bank.