Delhi Police Nabs Man in BharatPe Fraud Case Involving Rs. 81 Crore

The Delhi Police's Economic Offences Wing arrested Amit Kumar Bansal for his alleged role in the BharatPe fraud case involving a sum of Rs 81.3 crore. Bansal was reportedly connected to non-existing firms that received substantial payments from BharatPe's directors between 2019 and 2021. An FIR has been filed against BharatPe co-founder Ashneer Grover and his family members.

The Economic Offences Wing (EOW) of the Delhi Police has detained a man linked to the BharatPe fraud case, official sources reported on Friday. The arrested individual, identified as Amit Kumar Bansal, was taken into custody on August 6 and presented to a court, which sanctioned a six-day police custody.

According to the remand documentation, Bansal was involved with non-existent firms that were paid Rs 72 crore by former BharatPe directors between 2019 and 2021.

The EOW's remand application revealed that 33 fake vendors were identified during the investigation, shedding light on the complicity of Bansal and his brother with these fictitious companies.

The fraudulent firms operated using the same email address: meet.bansal1983@gmil.com.

In May 2023, the EOW registered an FIR against BharatPe co-founder Ashneer Grover, his wife Madhuri Jain, and other family members in relation to the Rs 81-crore fraud. The allegations include losses caused through fraudulent payments to bogus consultants, inflated payments via pass-through vendors, sham tax credit transactions, penalties paid to GST authorities, illicit payments to travel agencies, and destruction of evidence.

Despite several attempts, EOW officials did not respond to calls and text messages seeking further details on case updates.

(With inputs from agencies.)