Lawyer Arrested in Rs. 100 Crore Fake GST Scam

The Directorate General of GST Intelligence (DGGI) has arrested a lawyer for involvement in a huge fake GST invoice scam worth Rs. 100 crore. The accused is being identified as Sajid Ahmed Sheikh, a practicing lawyer in Solapur. The investigation found out that Sheikh set up a network of 30 fake companies. These companies were created using fake documents. They were used to make fake bills for transactions that never occurred. The main aim was to wrongly claim Input Tax Credit (ITC).

After his arrest, Sajid Ahmed Sheikh was sent for judicial custody for 14 days and is now in Kalamba Central Jail. The arrest happened after the DGGI received important information and carried out a raid at Sheikh’s office in Solapur. During the raid, officers seized several electronic devices, including his computer and mobile phone.

Experts analysed these devices and found strong proof. Because of this, the agency has now expanded its investigation to 12 more suspected fake companies in the area.

Authorities believe that this scam may involve more people than just Sajid Ahmed Sheikh. They suspect that traders, real estate developers, and jewellers might also be part of this scam.

The investigation is still going on to break down the network of fake companies and find everyone who was involved in this large GST fraud to bring all guilty parties to justice.