Fraud Investigations and Enforcement
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Uncovering of ₹643 Crore GST Fraud
The Directorate General of GST Intelligence (DGGI) in Visakhapatnam has uncovered a ₹643.81 crore GST fraud involving over 300 fictitious companies. The prime accused, Aboobakr Siddique Syed, was arrested for orchestrating the scam using stolen identities to issue fake invoices. -
Investigation into ₹800 Crore Business Scam
The Nagpur crime branch is probing a significant ₹800 crore scam involving 86 fictitious companies in the iron and steel sector. These entities allegedly conducted bogus transactions to claim GST setoffs without paying taxes. Authorities are seeking detailed records from the GST department to advance the investigation.
