Mumbai: In the sensational fake BARC scientist case, fresh revelations have emerged linking the main accused, Akhtar Hussain Qutubuddin Ahmed alias Alexander Palmer (60), and his relatives to a sprawling forgery network that extended from Mumbai to Jharkhand and Delhi.

The Delhi Police Special Cell has arrested Akhtar’s brother, Adil Hussaini alias Syed Adil Hussain (59 from the Seemapuri area of Delhi for allegedly procuring multiple fake passports and providing sensitive information to foreign entities.

According to sources, fake scientist Akhtar was arrested from Yari Road, Versova on October 17 and now he is in judicial custody. Following Akhtar’s interrogation accused Monazir Khan (34) was arrested from Jamshedpur, Jharkhand on October 25. Monazir is in police custody till November 1.

Akhtar’s Brother Adil possessed one genuine and two allegedly forged passports. His arrest came after crucial inputs from the Mumbai crime branch, which earlier nabbed Akhtar and his associate Monazir Nazimuddin Khan from Jamshedpur. Investigations suggest Adil played a key role in coordinating the fake identity network and arranging for forged documents through Monazir.

Police investigations revealed that Monazir had fabricated fake Aadhaar, PAN cards, and passports under the name Ali Reza Hoseini alias Alexander Palmer for Akhtar in 2016–17, charging ₹19,000 for the job.

These forged documents enabled Akhtar to travel to several countries between 2017 and 2025. Monazir also created fake academic certificates including 10th, 12th, BSc, BE (Mechanical), and MBA degrees allegedly to support Akhtar’s false credentials as a scientist.

Crime Branch officers recovered crucial evidence from Monazir’s office in Jamshedpur, including seven digital storage devices and multiple forged educational and identity documents of Akhtar and Adil.

It was also found that Monazir provided fake documents to other individuals, suggesting a wider racket in Jharkhand involving the sale of counterfeit educational certificates and IDs.

During Akhtar’s interrogation, he claimed that all three of his brothers Asif, Arif, and Adil were deceased. He said Asif died in Saudi Arabia, Arif in Prayagraj, and Adil in Jamshedpur. However, investigators later discovered that Adil was alive and residing in Delhi. He was arrested by the Delhi Police Special Cell on October 26.

The Investigation revealed that Adil had obtained passports under multiple identities Mohammad Adil Hussaini and Naseem Syed Adil Hussain and had travelled to several countries, including Pakistan. This raised suspicions of possible espionage activities or attempts to pass on sensitive nuclear-related information abroad.

Police sources confirmed that Monazir had used an incomplete address as Road No. 6, near Grace College, Jawahar Nagar, Jamshedpur — when applying for Akhtar’s passport under the name Alexander Palmer. He later admitted this was deliberate since the area had a predominantly Christian population, making the name “Alexander Palmer” appear genuine.

Despite the incomplete address, neither the passport office nor the local police flagged any objections during verification, raising serious concerns about administrative lapses.

Similarly, Adil’s forged passport also carried an incomplete address referring to the same sold Jamshedpur property once owned by the Akhtar’s family. Authorities are now investigating how such major discrepancies escaped detection during official scrutiny.

According to investigators, Akhtar and Adil used their fake identities to travel across at least five countries, mostly in the Gulf region. Akhtar, posing as “Alexander Palmer,” allegedly presented himself as a BARC scientist at various consulates, showing printed nuclear maps sourced from magazines and online material. He claimed to possess classified information in exchange for money.

Forensic analysis of Akhtar’s mobile phone revealed that he used the Super VPN Pro app to mask his IP location, helping him appear to be in another country while online. Investigators suspect this was used to communicate with foreign contacts undetected.

The Mumbai crime branch, Delhi Police special cell, and Jharkhand Police are now jointly investigating how the accused obtained multiple Indian passports and fake government IDs. Crime branch officers have also contacted Mumbai airport immigration authorities to verify how Akhtar managed to clear international travel checks using these forged identities.

The police have also confirmed that Adil may have been in touch with foreign nuclear agencies while in Delhi. The special cell is expected to seek Akhtar’s custody soon to interrogate both brothers face-to-face.

This case, which began with the arrest of a fake scientist from Versova, has now evolved into one of India’s most complex identity forgery and espionage investigations exposing deep administrative failures and a possible cross-border intelligence network.

Mumbai: The Central Bureau of Investigation (CBI) which is probing the transactions between Yes bank through its former Managing Director Rana Kapoor and Anil Dhirubhai Ambani (ADA) Group company, has alleged that the funds received from the bank in M/s Reliance Home Finance Limited (RHFL) and Reliance Commercial Finance Ltd (RCFL) were further diverted to several shell companies, created only to receive funds.

CBI has submitted a chargesheet before the special CBI court against Rana Kapoor and his family, Anil Ambani and other companies for causing loss to Yes bank to the tune of Rs 2796.77 crores, as the investments made in ADA group could not be recovered.

The agency has said that during 2017-2019, Yes Bank had invested Rs. 2965.00 crores and Rs 2045.00 crores through subscription of Non- Convertible Debentures (NCDs) & Commercial Papers (CPs) of M/s RHFL and M/s RCFL respectively.

The agency has in its chargesheet listed down several shell companies which further received funds from RHFL and RCFL. The list of these shell companies, as mentioned in CBI’s chargesheet include – Gamesa Investment Management Pvt Ltd (GIMPL), Species Commerce and Trade Pvt, Crest Logistics and Engineers Pvt Ltd, Gamesa Investment Management Pvt Ltd, and Mohanbir Hi-Tech Build Pvt Ltd.

The agency claimed that, “the primary purpose of these shell companies was to receive funds from RHFL and RCFL acted on instructions of Anil Ambani.”

CBI claimed that Anil Ambani was unable to directly invest the funds available at the disposal of M/s Reliance Nippon Mutual Fund in the financial companies of the ADA Group, which were under stress, due SEBI Mutual Fund Regulations. Hence in a criminal conspiracy, Yes Bank Ltd subscribed to NCDs of M/s RHFL, M/s RCFL and M/s Reliance Capital Limited (RCL).

In return, the agency alleged that the funds available at the disposal of M/s Reliance Nippon Mutual Fund, invested in YBL AT-1 bonds and AMC also invested in Rana Kapoor’s family firm.

Thus, funds available with Reliance Nippon Mutual Funds were routed to the group companies of ADA through Yes Bank, CBI claimed, adding that the funds were further diverted to other shell companies.

The agency has alleged that it all started with the meeting held between Rana Kapoor and Anil Ambani on October 6, 2017, just a month before the Reliance Nippon Life Asset Management Limited (AMC) was listed with BSE and NSE on November 6, 2017.

The agency pointed out that “the abnormal decision of YBL to make huge investment in the NCDs of the financial companies of ADA Group and the abnormal decision of the AMC to make huge investment in the YBL AT-1 Bonds were taken in this meeting. Both the investment decisions were taken in a hasty manner and without holding any discussion between the officers of YBL and the officers of the AMC.”

It is claimed that on October 6, 2017 it was Friday, hence the following working day that is on October 9, 2017, the process began. The agency claimed that on October 9, 2017, Kapoor instructed senior executives of IFIB for initiating the proposal for investing in NCDs worth Rs 2900 crores in three ADA group companies – RHFL, RCFL and RCL. The agency claimed that the investment transaction was completed and funds were transferred on October 13, 2017.

On the other hand, AMC, allegedly under the influence of Anil Ambani, prepared a formal note for increasing the long-term debt investment limit in M/s Morgan Credits Private Limited (MCPL), a firm owned by Radha and Roshini, from Rs 550 crores to Rs 625 crores. Accordingly in ten days AMC invested Rs 50 crores in MCPL.

Meanwhile, on October 9, 2017, Yes Bank initiated the process for issuance of fresh AT-1 bond under the instructions of Rana Kapoor, even when the DCM team of the bank had raised apprehension for arranging subscribers for making investment in fresh YBL AT 1 bonds in such a span, wherein they were still busy in offloading earlier bonds in secondary market, CBI alleged.

However, CBI claimed that Rana Kapoor had informed them that Reliance Nippon Mutual fund would make an investment of Rs 2000 crores through private placement and Rs 1000 crores secondary market in YBL AT 1 bond.

The agency claimed that AMC had enhanced the sub limit for YBL AT – 1 bond by about 600% in a short span of time, as compared to the sub-limit of other banks which was at max enhanced to 70%.

Mumbai: The Economic Offences Wing (EOW) of the Mumbai Police has re-registered a major corporate fraud case involving ₹68 crore against the directors and key officials of Boston Ivy Healthcare Pvt. Ltd., originally an FIR filed at MIDC Police Station and now transferred to the EOW. An FIR has been registered under sections 316(5), 344, 351, 61(2), and 3(5) of the Bharatiya Nyaya Sanhita (BNS). The alleged offences took place between April 1, 2024, and August 30, 2025.

The complainant, Vivek Tiwari (47), a former Chief Executive Officer and 13% shareholder of the company, has accused the directors of arbitrarily terminating him from his position and engaging in large-scale financial irregularities. The alleged fraudulent activities occurred at the company’s registered office located at 2nd Avenue, Unit No., Viravali Village, near SEEPZ, MIDC Central Road, Mahakali Caves Road, Andheri East.

According to the complaint, after Tiwari’s removal, the accused directors allegedly allotted company shares to an ESOP Trust at grossly undervalued rates. They are also accused of siphoning off approximately ₹264 crore from the company’s accounts to various unrelated third parties between April 2024 and August 2025. Tiwari, along with co-promoter Ketan Malkan also a 13% shareholder claims to have suffered a combined loss of ₹68 crore due to these alleged acts of misappropriation and corporate fraud.

The accused in the case include Nitish Bandi, Pinak Shrikhande, Charles Janssen, Ravishankar Gopalkrishnan, Jens Nieuwenborgh, CEO Dinesh Lodha, CFO Raman Chawla and other associated individuals. The EOW is investigating the flow of diverted funds and examining company transactions to determine the extent of the financial fraud.