A gang of fake companies issuing fake invoices was busted by the Ghaziabad regional unit of the Directorate General of Central Goods and Services Tax Intelligence. This entire syndicate used to create fake companies and get refunds through exports by issuing fake invoices.

Files of more than 200 companies, mobile phones, digital signatures, debit cards, SIM cards, Aadhar cards, PAN cards, pen drives, office keys, check books, rubber stamps and raw records were found in this raid.

After detailed investigation, it was found that all the data of this network is secure in the cloud through servers located abroad. Data analysis and evidence revealed that there are 275 non-existent companies in this network, which exist only on paper.

A total of 3189 crores of fake bills were issued by these companies in which GST evasion of Rs 362 crores was revealed. There is a kingpin of this syndicate, whose name is Mr. Tinku Yadav, who used to take documents like Aadhar card and PAN card etc. from people by forgery.

And used to make fake companies using them and was arrested some time ago. Based on the statement of Mr. Tinku Yadav and the facts that emerged from the investigation, two masterminds of this gang, Mr. Vipin Kumar Gupta “Nikku” and Mr. Yogesh Mittal were arrested.

Mr. Vipin Kumar Gupta and Mr. Yogesh Mittal are habitual offenders. Both these masterminds have already been arrested by the DRI and are currently under investigation by the Enforcement Directorate.

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