The Kandivli police arrested a 63-year-old manager of a high-rise for allegedly siphoning about Rs 3.35 lakh from society funds by forging signatures. The manager, Ajay Shah, was working with Hiranandani Heritage-based Estonia housing society located on SV Road in Kandivli West.  The Kandivli police found that Shah had used a similar modus operandi to target high-rise housing societies. In the investigation, police found that the accused also cheated three more societies in the past in Juhu. Hiren Vohra, secretary of Estonia society, had informed the police about the alleged misappropriation of funds by Shah.

According to the police, Shah was involved in multiple cases of cheating high-rise housing societies. After joining a housing society as a manager, Shah would win the trust of members. He allegedly gained the authority to transfer society funds and withdraw money from the bank account of the society. Shah also developed good contacts within the bank to make the transfer of society funds easy.