Surat: Investigation into the alleged financial frauds by Navsari couple Ankit Mehta and his wife Bhaveshree Davda has revealed that the duo could be involved in defrauding another bank.The state CID crime, investigating the case said that the couple had borrowed Rs 67 lakh from a nationalized bank in Navsari to start water sport activities, but failed to repay the loan.Davda was first arrested in Ahwa police station on June 29 and after a few days her husband Mehta was arrested. The couple was recently arrested by CID crime for alleged fraud of Rs 80 lakh with a nationalized bank using an MOU signed with Lajpore Central Jail.CID officials said that investigation revealed that the couple had taken loan of Rs 67lakh from a nationalized bank’s Fuwara area branch in Navsari to start water sports activity at Dandi beach. They also promised to repay the money as per the bank’s rules but later failed to repay the loan, sources in police informed. They borrowed the money posing as directors of one of their fake companies which they used in other frauds.Though CID officials refused to reveal details in the case, sources close to the investigation revealed that the couple could be involved in several other frauds with banks and government offices.The couple is facing fraud charges - two each in Dang, Tapi and Navsari. Similarly they have been booked in fraud cases, one each at Vadodara and in Surat.Police said that Davda had managed to get an office space in Dang government office building by offering training to farmers. She won confidence of the district collector and agriculture officers who issued tender advertisement in news papers. Davda and Mehta used to impress the officers by making fake reference calls as Supreme Court lawyers or top bureaucrat posted at key position in centre or state.

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