New Delhi: The Income Tax Department raided and seized action on October 26, 2020, exposing a large network of people who have been committing massive money fraud by creating fake bills. In this connection, raids were conducted and searches were conducted at 42 places in Delhi-NCR, Haryana, Punjab, Uttarakhand and Goa.
During this period, many evidences were seized against the entry operators, middlemen, beneficiaries and companies who misappropriated the money on the basis of fake bill. So far, evidence has been found in this case of misappropriation of more than 500 crores on the basis of fake bills which have been seized.
During the search, many such evidence has come to light that it has been found that the entry operators used the names of several fake companies to withdraw unaccounted money on the basis of fake bills and giving unsecured loans. The details of such operators, their fake partners / employees as well as the beneficiaries are clearly recorded in it.
Information about the opening of several bank accounts and lockers and fake companies in the names of the people against whom their searches have been done and their close employees has also been reported. All these works have been done with the connivance of bank officials.
The people who have benefited from this fraudulent business have invested in real estate business in many big cities and have fixed crores of rupees in bank deposits.
During the search, Rs 2.37 crore cash and gems worth Rs 2.89 crore have been recovered. Along with this, 17 such bank lockers have also been detected, which have not been used yet.
The Income Tax Department is further investigating the matter.