CCB Arrests a Mastermind Accused in Rs. 1.74 Crore Fake GST Firm Fraud Case in Chennai

The Central Crime Branch (CCB) has recently arrested a 30-year-old man who had been escaping from police for over two years. The man is accused of setting up fake firms and being involved in large-scale tax evasion.

The complaint against the company was filed by a woman named Manisha. She claimed that the accused used her personal details, like PAN and Aadhaar details, to register a bogus company named MMM Enterprises.

During the investigation, State Tax Officer Vijayalakshmi from the Intelligence Wing discovered that the firm had taken a GST registration using the complainant’s old PAN address and had also opened a bank account in the firm’s name using that information.

Later on, it was discovered by the GST department that all transactions were made without any business activity, which resulted in a massive amount of unpaid tax liabilities. The GST officials on July 27, 2021, informed Manisha (complainant) that Rs. 1.74 crore was payable to the government as GST dues and penalty.

Based on the information shared by the complainant, on September 14, 2021, the Central Crime Branch (CCB) fake document wing registered a case against the accused and additionally furnished a charge sheet before the Egmore Chief Metropolitan Magistrate Court against the three alleged individuals. The first accused, named Shamsul Hooda, did not appear for the trials even after repeated warnings, resulting in the court issuing a warrant against him on May 30.

The individual named Shamsul Hooda, who has been escaping from police for about two years, has finally been arrested near the ICICI Bank in Rajaji Salai in Mannady.