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CGST Busted 140 Crore Fake Invoice Racket

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CGST Busted 140 Crore Fake Invoice Racket

The CGST Mumbai Zone has busted two fake Input Tax Credit (ITC) rackets during “Second Special All-India Drive against fake registrations” involving fraudulent ITC GST of Rs. 140 Crore by issuing fake invoices amounting to Rs. 760 Crore and arrested two persons for defrauding government ex-chequer. After extensive search operations and investigation, it was discovered that the masterminds of the two rackets have floated 92 dubious firms to fraudulently avail ITC by generating fake invoices with the sole intent to pass on fraudulent ITC to its various recipients without actual movement of the goods/services.

1. In one matter, Thane CGST Commissionerate has arrested Shri Hitesh Shantilal Vasa, a mastermind who has registered 22 non-bonafide firms/companies, involved in availing fraudulent ITC of Rs. 48 crores and passed on ITC of Rs. 44 crores, totally 92 crore without actual movement of the goods/services. He was also involved in circular trading to inflate turnover of these non-genuine firms. He has misused KYC documents viz. Aadhar card, PAN card, etc. of other persons for the purpose of obtaining GST registrations and opening bank accounts. He was arrested on 10.10.2024 under Section 69 of the CGST Act 2017 for contravention of Section 132 of the CGST Act, 2017 and remanded to 14 days’ judicial custody.

2. In other matter, Palghar CGST Commissionerate, has busted a racket involving issuance of fake invoices worth Rs 320 Crore without actual supply of goods and services with an intent to avail fraudulent ITC of Rs. 22 Crore and passing on fraudulent ITC to the tune of Rs 26 crore, totally Rs 48 crore, using 70 shell firms without actual movement of goods/services. The kingpin of the racket, Shri. Ashok Harilal Oza was arrested on 10.10. 2024 and remanded to 13 days judicial custody.

Crime

Navi Mumbai Crime: 38-Year-Old Jewellery Store Driver Arrested For Staging Fake Robbery, Stealing Gold Worth ₹5.9 Lakh In Panvel

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Navi Mumbai: The Crime Branch Unit-3 has arrested a jewellery store driver for allegedly staging a robbery and siphoning off gold ornaments and cash worth Rs 5.90 lakh in Panvel.

The accused, identified as Shailesh Dilip Kamble (38), an employee of B.B. Banthia Jewellers, had falsely claimed he was robbed by two unidentified men near Khanda Colony railway bridge on September 11.

Police said Kamble was assigned to collect jewellery and cash from the company’s offices in Khanda Colony and Kalamboli. Instead of delivering it, he allegedly hid the valuables inside the dickey of his electric TVS iQube scooter.

Later, he fabricated a story that two men on a Pulsar motorcycle, wearing helmets, had accosted him at knifepoint and snatched the ornaments and money. Based on his complaint, a case of armed robbery was registered at Khandeshwar Police Station.

A parallel investigation was carried out by Crime Branch Unit-3 under the supervision of ACP (Crime) Ajaykumar Landge and Senior PI Avinash Kaldat. During the probe led by API Pawan Nandre, PSI Abhaysingh Shinde, and their team, several discrepancies were found in Kamble’s statement.

No suspicious movement or persons were seen at the alleged crime spot, further raising doubts. On sustained interrogation, Kamble confessed to staging the robbery and handed over the jewellery hidden in his scooter.

“The accused tried to mislead police by staging a dramatic robbery, but his version was full of inconsistencies. He finally admitted to the crime and the entire amount has been recovered,” said ACP (Crime) Ajaykumar Landge. Police said Kamble has been arrested and further investigation is underway.

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Crime

Thane Railway Police Rescue Two-Year-Old Kidnapped From KEM Hospital In Swift Nighttime Operation

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Mumbai: In a swift operation carried out by the Thane railway police, a two-year-old boy, kidnapped from nearby KEM Hospital, was rescued in several hours from the clutches of the abductor, while he was fleeing on the Tutari Express. The accused, Amol Udalekar, 42, had befriended the child’s family during their stay outside the hospital and later took the boy along on the pretext of a stroll, said the police.

According to the FIR, the child’s mother Antima was admitted to the ICU of KEM Hospital due to respiratory issues. Her husband, Ajaykumar Harijan, 25, who hails from Shastrinagar, Surat, and currently resides in Bhiwandi, was staying with his mother and two children, in an open area near the hospital’s old building.

On the night of September 16 around 9.30pm, Harijan discovered that his two-yearold son was missing when he returned after visiting his wife. His mother informed him that a man, who had been frequently playing with the child over the past few days, had offered them a food parcel and taken the child away on the pretext of a stroll. Despite searching the hospital and surrounding areas, the child could not be located, prompting Harijan to file a complaint at the Bhoiwada police station.

According to the police, Udalekar was nabbed following a tip-off – received by the railway control room at CSMT – reporting a suspicious man traveling with a child in S-2 coach of the Tutari Express, which runs between Dadar and Sawantwadi. Acting promptly under the guidance of senior inspector Archana Dusane, a team, comprising officers Dhumale, Tajne, head constable Gopal, and constable Tichkule, apprehended the suspect late night at the Thane station.

During interrogation, it was confirmed that the child had been kidnapped from the premises of KEM Hospital earlier that evening. A case had already been registered against Udalekar under section 137(2) [related to kidnapping] of Bharatiya Nyaya Sanhita and he has been handed over to the Bhoiwada police for further probe. Following the rescue, the child underwent a medical examination and was then placed under the care of the Janani Ashish Charitable Trust in Dombivli.

Investigation revealed that Udalekar had planned to flee to his native village in Sindhudurg. Police are currently probing his background and motive behind the abduction.

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Crime

Mumbai: Bangur Nagar Police Book Bajaj Allianz Employee For Allegedly Cheating 69-Year-Old Woman Of ₹6.94 Lakh

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Mumbai: The Bangur Nagar police booked an employee of Bajaj Allianz for allegedly cheating a 69-year-old customer out of Rs. 6.94 lakh on the pretext of offering her a pension scheme. The case was registered on September 17. The accused has been identified as Ashish Tiwari, 34, a representative of the firm who resides in Vikhroli West.

According to the FIR, the complainant, Lalita Malhotra, 69, resides in Malad West and teaches classes from second to eighth standard. Her daughter is married and also resides in Malad West, while her son lives abroad. In December 2023, she purchased a five-year policy from Bajaj Allianz Finance. The insurance office is located in Sion. She visited the office and paid her first instalment of Rs. 61,350 via cheque.

In January 2024, Ashish Tiwari called her from the insurance company and requested her to pay the second instalment. She told him that she wanted to close the policy and asked for her money to be returned. Tiwari told her that the policy bonus was due and that her policy value had increased. He further assured her that if she paid the remaining instalments, she would start receiving a pension from November 2024. Trusting him, she was provided a demand letter and transferred a total of Rs. 7.94 lakh to the Google Pay number he provided, in various instalments from May 2024 to February 2025.

Later, she, along with her daughter, visited the insurance office at Andheri East and discovered that while Tiwari was an employee of the company, he had taken the money into his personal account. He returned a small portion of the amount but did not return Rs. 6.94 lakh. She subsequently filed a complaint with the Bangur Nagar police. The police registered the case under Sections 316(2), 316(5) (criminal breach of trust), and 318(4) (cheating) of the Bharatiya Nyaya Sanhita.

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