Mumbai: Car designer Dilip Chhabria’s firm is suspected to have cheated several finance companies by obtaining loans fraudulently, the city police said on Tuesday. The Crime Intelligence Unit (CIU) of the Mumbai crime branch arrested Chhabria on Monday evening. The alleged scam came to light when the police seized a DC Avanti, a sports-car manufactured by Chhabria Design Pvt Ltd, in south Mumbai on a tip-off that its registration number was bogus. PTI