NEW DELHI: The Delhi Police Financial Offences Wing (EOW) on Friday arrested Deepak Gupta, brother-in-law of BharatPe co-founder Ashneer Grover, in reference to the alleged misappropriation of funds on the fintech firm, in accordance with police.
Gupta is at present being questioned, and his arrest marks the second on this case, an officer informed information company PTI.
He was included within the FIR that was filed in opposition to Grover, his spouse Madhuri Jain, and their member of the family in Could 2023, in reference to the Rs 81-crore fraud case. Grover had earlier denied the costs, saying he’s “in the fitting”.
In August of this 12 months, the EOW had apprehended Amit Kumar Bansal, who was allegedly one of many people related to the non-existent corporations that had obtained funds amounting to Rs 72 crore from the then administrators of BharatPe between 2019 and 2021. An inquiry recognized 33 such non-existing distributors, and it was found that the accused and his brother have been linked to those ghost firms.
These corporations used the identical e mail tackle.
BharatPe has leveled accusations in opposition to Grover and his household, alleging that they induced losses to the corporate amounting to roughly Rs 81.3 crore.
These losses have been allegedly incurred by illegitimate funds made to fictitious human-resource consultants, inflated and unwarranted funds by pass-through distributors linked to the accused, fraudulent transactions involving input-tax credit score, penalties paid to Items and Companies Tax (GST) authorities, illegal funds to journey businesses, falsified invoices, and the destruction of proof.
Gupta is at present being questioned, and his arrest marks the second on this case, an officer informed information company PTI.
He was included within the FIR that was filed in opposition to Grover, his spouse Madhuri Jain, and their member of the family in Could 2023, in reference to the Rs 81-crore fraud case. Grover had earlier denied the costs, saying he’s “in the fitting”.
In August of this 12 months, the EOW had apprehended Amit Kumar Bansal, who was allegedly one of many people related to the non-existent corporations that had obtained funds amounting to Rs 72 crore from the then administrators of BharatPe between 2019 and 2021. An inquiry recognized 33 such non-existing distributors, and it was found that the accused and his brother have been linked to those ghost firms.
These corporations used the identical e mail tackle.
BharatPe has leveled accusations in opposition to Grover and his household, alleging that they induced losses to the corporate amounting to roughly Rs 81.3 crore.
These losses have been allegedly incurred by illegitimate funds made to fictitious human-resource consultants, inflated and unwarranted funds by pass-through distributors linked to the accused, fraudulent transactions involving input-tax credit score, penalties paid to Items and Companies Tax (GST) authorities, illegal funds to journey businesses, falsified invoices, and the destruction of proof.
