The Islamabad Capital Territory (ICT) Police have thwarted a bid of fraudulent gang for selling Rs 200 million worth of rented motor vehicles here at Sector F-15/1.
The police party, on a tip of an informer, raided a house in Sector F-15/1 yesterday, where a company was allegedly selling some 36 luxury cars and jeeps hired on rent for which they had also advertised in some national dailies.
The police spokesperson, sharing details with media, said the fake company was offering new and expensive cars on considerably low rates from the market, rented from different clients which created doubt and the police’s informer recommended to dig out the fact.
The police, he said, frustrated their move and impounded 8 cars amounting to around Rs 25 million under section 550 of the Pakistan Penal Code. He said after the verification of cars police was contacting the owners of vehicles for further investigation.
To a query, he said as the police was at the sensitive stage of investigation to unearth gang’s entire network and more action would be taken after aggrieved parties complaints against the accused.
According to initial reports, the spokesperson said the gang was operating a fake company titled Deep Drill Private Limited through which they were allegedly enticing people to buy millions of rupees vehicles on unexpected low prices.
He said, after hiring vehicles on rent they used to advertise them to sell and deceive public and this time also they had invited interested parties to buy some 36 cars having the value of approximately Rs 200 millions.
The spokesperson said as the investigation process moved ahead more revelations are expected to come as the gang had smartly systematized their operation to trap innocent buyers.