Thane cyber police have initiated a case against a Mumbai resident and his associates for allegedly perpetrating a staggering GST fraud amounting to ₹75.48 crore. The suspects are accused of misusing the credentials of a laptop sales service professional to carry out the scheme. Officials confirmed the development on Monday.
The alleged fraud took place between November 2024 and April of this year, according to authorities. The victim, a 33-year-old laptop sales professional, reported that the accused had gained his trust, along with that of his friend, and subsequently misused their user IDs and passwords for online Goods and Services Tax (GST) filings.
The scheme involved submitting fabricated bills through several shell companies, linked to the victims’ GST numbers. This fraudulent activity generated a false transaction volume of ₹75,48,42,087, resulting in financial losses for the complainant, his friend, and the government exchequer.
Following the complaint, the police have formally charged the accused, an Andheri resident, and his unidentified associates with cheating, forgery, and other related offenses. Authorities are actively tracing the digital footprint and financial activities of the shell companies involved in this sophisticated cyber and financial crime.