The Trimulgherry police have arrested BMW Financial Services Limited, India, Managing Director and Chief Executive Officer, Stefan David Schlipf, in a court-referred case registered four years ago.
Mr. Stefan was arrested at Gurgaon on Thursday and brought to the city. He was produced before a local court here on Friday and remanded in judicial custody. The case was registered after a dealer of BMW cars from Hyderabad moved a local court accusing the company of cheating him in financial matters.
“We investigated the case and arrested Mr. Stefan,” North zone DCP Jaya Lakshmi told The Hindu over telephone.