Manager arrested for siphoning funds from housing societies
Manager arrested for siphoning funds from housing societies
• Ajay Shah arrested for siphoning funds from Estonia housing society in Kandivli.
• Shah targeted high-rise housing societies by forging signatures and transferring funds.
• Accused had cheated three societies in Juhu using similar modus operandi.
• Shah gained trust of society members to access and transfer society funds.
• Police found Shah had cheated two other housing societies in the past.