An elderly resident of Borivli has filed a police complaint against his own son, accusing him of forging his signature and taking out bank loans of Rs 2.5 crore while he was not in the city. Police told mid-day that they have asked the banks for the relevant documents to investigate the allegations.

Hastimal Jain, 76, had bought three shops at Moksh Plaza, Borivli, and let his son Pramod Mandot aka Pramod Jain do business. Pramod started a readymade garment business, but suffered heavy losses, but never informed Hastimal about it.