What is Bangalore's "used car mafia"?

Nanolover · 5th July 2024, 07:43

@Mods,please move to a dedicated thread if needed.

https://www.onmanorama.com/news/kera...ities.amp.html

Well,it was only a matter of time before this was picked up. I was always wondering why there were no inquiries on these companies. Now that the new car market is legit and requires bank/ cheque transactions, the high value money rolling/laundering has shifted to used. Good that income tax has picked this up, as God knows what this money is used for funding other illegal activities.

5th July 2024, 07:43	#76
Nanolover BHPian Join Date: Mar 2011 Location: Trivandrum Posts: 358 Thanked: 1,819 Times	Re: What is Bangalore's "used car mafia"? @Mods,please move to a dedicated thread if needed. https://www.onmanorama.com/news/kera...ities.amp.html Well,it was only a matter of time before this was picked up. I was always wondering why there were no inquiries on these companies. Now that the new car market is legit and requires bank/ cheque transactions, the high value money rolling/laundering has shifted to used. Good that income tax has picked this up, as God knows what this money is used for funding other illegal activities.
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