Ludhiana, Jan. 31 -- The CIA staff 1 of police commissionerate busted an alleged vehicle loan scam and arrested four staffers of a finance firm, officials said.

They said the accused used to get the vehicles financed using documents of 'random' people.

Police identified the accused as Harjinder Pal Singh from Janakpuri, Lalit Kumar from Harbanspura, Deepak Kumar from Hundal Chowk, Bhamian Road, and Pankaj Kumar from New Shivaji Nagar.

The first-information report (FIR) was registered following a statement by one Amandeep Singh from Guru Nanak Colony. The complainant is the Punjab, Chandigarh and Haryana head of Muthoot Capital Service Limited.

Amandeep said the company deals in two-wheeler loans and the accused started the fraud a lon...