<h1>Cooperative bank vehicle and business loans allegedly diverted, fake car registration claimed; accused arrested, remanded in fraud probe</h1> Maharashtra CID arrested Shital Tejwani in a Seva Vikas Cooperative Bank loan default and fraud case, alleging she obtained multiple vehicle-purchase and business-expansion loans and diverted the proceeds to unauthorised uses, including purchasing a different vehicle than financed and transferring funds to co-accused accounts; she was remanded to police custody until January 6. The investigation also alleges fabrication of a vehicle registration certificate for a car that was never registered with the RTO, expanding the allegations to include document forgery and related fraud consequences. The alleged loan defaults and interest have increased the claimed outstanding dues in her accounts to Rs 20.49 crore, forming part of a wider bank loan scam involving large-scale NPAs and overdue accounts.