mumbai an mba graduate was recently arrested by the oshiwara police in a medical admission racket running into crores of rupeessachin shah 27 an alumnus of the prestigious jamnalal bajaj institute of management studies had put out advertisements in newspapers guaranteeing admissions in the mbbs course to those interested at least nine parents some of them doctors approached shah and paid him between rs 1012 lakh each for securing their childs admission to a good college shah even dished out bogus college forms and admission letters to the families before disappearing with their moneyaccording to police officials shah had a string of past cases lodged at thesion jogeshwari kanjurmarg vikhroli borivli and bandrakurla complex police stations in fact the oshiwara police itself had arrested him in 2007 in a similar admissions racket where he had cheated a family of rs 10 lakh shah is presently out on bail in that caseshahs tryst with crime does not end there he had also managed to convince a bollywood actress that he could speedily get her a loan for producing a film after making copies of her property documents he prepared a fake property purchase deed which he presented before a financial institution and mortgaged her flat for a rs 75 lakh loan the income thus secured illegally was shown as legitimate through a mobile phone dealership that he ran on andheri link road senior officials saidshah a resident of sion has been running the medical admissions racket for two years now according to the police his family has cut off all ties with him in 200607 shah started two offices on andheri link roadkaizen airtel which is a mobile phone dealership and a financerelated firm called kaizen finance he then gave advertisements in leading newspapers guaranteeing medical college admissions to interested students he provided his contact number in these advertisements offering admissions at terna medical college dr d y patil medical college and mgm medical college all located in navi mumbai said senior inspector kiran sononeshah would charge his commission and the entire tuition fee for the fiveyear mbbs course at one gohe would then dish out bogus admissions letters to the parents the victims would realise that they were conned only when they went to the respective colleges to check their names among those on the list of students admittedamong the parents conned three were doctorsmadan bhanushali ashwini mahajan and gupte who shelled out rs 10 lakh rs 1250 lakh and rs 10 lakh respectively other parents cheated include ajit jain bhargav desai and shabbir kaatawala rs 10 lakh each amar phaldesai rs 18 lakh nahar singh rs 3 lakh and laxmi unni rs 75 lakhshah had taken demand drafts from all the parents he then opened different bank accounts in the names of the medical colleges and withdrew the money in cash we had been on the trail of shah for over six monthseventually he was arrested on february 14 a metropolitan court has remanded him in police custody until