Film financier cheats friend of several lakhs by fraudulently selling his two luxury cars, nabbed

Police said that the incident happened in 2018 and Khivraj, who was in need of money, had pledged his BMW car along with the vehicle documents to Thaniga for Rs 6 lakh. While Khivraj returned the sum within two months, Thaniga allegedly returned only the vehicle claiming that the documents were misplaced. Later, Thaniga offered to sell the BMW car without documents.

“While Thaniga did not give money, he received another Rs 15 lakh from Khivraj and gave him another luxury car. However, since the vehicle was in somebody else’s name, Khivraj returned it to Thaniga,” said police.

A few months later, Khivraj bought an Audi car and since he was friendly with Thaniga, he did not hesitate when the latter asked him the car for a trip to Madurai. But Thaniga did not return the Audi car too.

Later, Khivraj came to know that Thaniga sold his BMW car for Rs 15 lakh to a person in Coimbatore and the Audi car to another person in Hosur. While he lodged a complaint at Kanathur police station, the investigation was intensified after V Vikraman took over as Adyar Deputy Commissioner and Thaniga was arrested on Wednesday. Both the luxury cars were retrieved.