Shahjahanpur Police Unearths Rs. 10.77 Crore GST Fraud Racket; Private Bank Manager Among Two Arrested:

Shahjahanpur Police Unearths Rs. 10.77 Crore GST Fraud Racket; Private Bank Manager Among Two Arrested On Tuesday, Shahjahanpur police unearthed a major GST fraud racket, in which bogus firms were created to evade taxes worth Rs. 10.77 crore. In connection with the case, the police arrested two key individuals, including a sales manager of a private bank. The arrest was made when the accused was on his way to meet a lawyer. The arrested individual is recognised as Sanjeev Gupta, a resident of Ghaziabad. He works as a manager at a private bank. Another is recognised as Varun Sharma, alias Golu of Amethi. Previously, on December 05, 2025, three other individuals were arrested related to the same gang.

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Superintendent of Police Rajesh Dwivedi stated that on May 28, 2025, the assistant commissioner of state tax, Bhavna Chandra, had filed an FIR in the Roza police station for GST evasion done using fraudulent firms. Thereafter, a special investigation team (SIT) led by the SP (city) was set up for investigating the same case. Gaurav Yadav and Deepak from Delhi, and Siddharth Pandey from Prayagraj, were alleged to have been running an organised racket for the past five years. Tax was evaded, and fraudulent ITC (Input Tax Credit) was claimed through fake GST firms, using forged documents. Investigation revealed that innocent people were defrauded by the accused by posting attractive advertisements on social media offering easy loans. When the accused were contacted by people, they asked for their documents, such as Aadhaar cards, PAN cards, and electricity bills. They used these documents to prepare bogus rent agreements and claim fake GST registrations.

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Thereafter, they opened fake current bank accounts in the names of these fake firms. These accounts were used to help traders evade GST and wrongly claim Input Tax Credit (ITC). In return for this action, the gang used to get a 5% to 20% commission. As per this information, on Tuesday, Roza police set up a barricade near Hathoda on the highway. Around 2 pm, they stopped a car and caught two people. The vehicle was found with a large number of fake documents.