mumbai police have arrested a hospitality management graduate who took to crime after spending most of his inheritance on cars and women his latest con allegedly involved cheating a coast guard technician on the pretext of selling him a car for rs 18 lakh the accused who allegedly has a string of girlfriends has seven firs registered against him including one for cheating and beating up a policeman we are yet to collect all his records and are interrogating him further said a policemantegan alvares 23 the accused told the police that he had ended up splurging around rs 30 lakh that he got from the proceeds of the sale of a malad flat some years ago after his parents died he told the police that his main indulgence was cars he admitted to occasional drug abuse after he ran out of money alvares began to live with friends for a while he worked as an online agent for the sale and purchase of vehicles he would convince financiers to invest so that he could buy cars from olx and would then share profits with them after selling the vehicles he has cheated a friend of rs 95 lakh and not returned his money too when we caught him he was trying to sell an suv to a buyer a thorough interrogation will reveal some more details about him said the officer alvares recently posted a photograph of a car on olx for sale the complainant contacted him and expressed his interest in buying the car as he was posted at sea at that time he sent his friend to check out the vehicle when he reached the city he met the accused who quoted rs 22 lakh for the car and after negotiations finalized a price of rs 18 lakh the complainant paid the amount in instalments but did not get delivery of the car when he demanded a refund alvares allegedly told him that he had sold the car to someone else at a higher price he refused to return the money and stopped taking his callswe received a complaint and filed an fir said senior inspector surekha kapile of yellow gate police station additional commissioner pravin padwal and dcp karandikar rashmi formed a team to arrest alvares the investigating team tracked him down and arrested him