The Thane cyber police have registered a case against a Mumbai resident and his associates for allegedly committing a Rs 75.48 crore GST fraud by misusing the credentials of a laptop sales service professional, officials said on Monday, reported news agency PTI.

The alleged fraud was committed between November 2024 and April this year, an official said.

The 33-year-old laptop sales professional, in his police complaint filed on October 31, alleged that the accused gained his and his friend`s trust and misused their user IDs and passwords for online GST filing, reported PTI.

They then submitted fake bills in the name of several shell (fake) companies against the GST numbers of the victims. This fraudulent activity created a false transaction volume of Rs 75,48,42,087, thereby defrauding the complainant, his friend and the government exchequer, the official said, reported PTI.

Based on the complaint, the police registered a case against the accused, a resident of Andheri in Mumbai, and his unidentified associates on charges of cheating, forgery and other offences, he said.

“This appears to be a sophisticated cyber and financial crime involving the misuse of confidential online credentials to file fraudulent GST claims. We are tracing the digital footprint and the financial trail of the shell companies,” a cyber police official said, reported PTI.

Seven directors of healthcare firm booked on former CEO`s complaint for Rs 68 cr fraud

In another case, seven directors of a healthcare firm have been booked for an alleged fraud of Rs 68 crore, a Mumbai police official said on Saturday, reported PTI.

The complaint was filed by Vivek Tiwari (47), founder and promoter M/s Boston IV Healthcare Solutions Pvt Ltd, who holds 13.03 per cent of paid up share holding, he said, reported PTI.

The company is in the business of medical equipment and instruments, which it sells to hospitals in India and abroad through an online platform, he said.

“The complainant was CEO till August 2024 and currently is a director of the company. Between April 1, 2024 and August 31 this year, seven directors of the company along with employees of the company allegedly diverted over Rs 264 crore of shareholders in non-existent and other fraudulent firms,” he added, reported PTI.

The shareholders who were allegedly cheated include the complainant and joint promoter Ketan Malkan, who both have 13.03 per cent each paid up share holders of Rs 34 crore each, he said, reported PTI.

Based on the complaint, a case has been registered against seven directors of the company and others under Bharatiya Nyaya Sanhita, he said.

(With inputs from PTI)

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