The Surat police on Thursday arrested the president of the district cricket association for allegedly forging signatures of his business partners to secure a mortgage loan of Rs 2.92 crore, which he later defaulted on, an official said.
The economic offences wing (EOW) of the crime branch had last year booked Surat District Cricket Association (SDCA) president Kanaiyalal Contractor (82), one of the partners in a construction firm, on the charges of cheating and forgery based on a complaint lodged by his late brother's wife, who is a partner in the firm, the official said.
According to police, Contractor allegedly forged the signatures of his sister-in-law, Naynaben, and her late husband, Hemantbhai, to prepare a bogus power of attorney to gain control over their partnership firm.
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