ECONOMIC OFFENCES WING, DELHI POLICE
PRESS RELEASE
• MASTERMIND OF THE GST FRAUD SHASHI KANT GUPTA ARRESTED BY THE EOW, DELHI POLICE
• HE HAD GOT REGISTERED FAKE GST FIRMS FOR BOGUS BILLING AND EVADED GST LIABILITY.
The Economic Offences Wing of Delhi Police has arrested accused Shashi Kant Gupta r/o Greater Noida, UP, Age-56 Years, in case FIR No. 142/21 u/s 419/420/467/468/120B IPC of PS Economic Offences Wing, New Delhi. The accused was arrested on 21.04.2024 and is in police custody remand at present.
Shashi Kant Gupta
Brief Facts
The Complainant Mr. Rajiv Jain, who is a Chartered Accountant by profession, had filed a complaint alleging therein that his PAN card has been fraudulently used for obtaining fake GST number in the name of M/s Madhu Enterprises, vide registration No. 06AAHPJ7235K1ZJ dated 19.07.2019. Using this GST number, fraudulent transactions to the tune of Rs. 14.80 Crores have been done using this GST number within a short duration of July 2019 to November 2019.
Investigation and arrest:-
A police team comprising Inspector Dharmendra Kumar, SI Arvind Kumar and SI Ghanshyam was formed under the supervision of ACP/EOW Sh. Ghanshyam under the overall supervision of DCP/EOW Vikram K. Porwal, to arrest the accused person. On 21.04.2024, based on a tip off, the accused Shashi Kant Gupta was arrested by the team. He is presently running in police custody remand. His interrogation is in progress.
During the course of investigation documents/information were obtained from the GST department. Mobile number and email ID used in registration of the alleged GST number using fraudulent means were also procured from the GST department. Ownership of the said mobile number was obtained which revealed that the said number is registered in the name of a person who happened to be a security guard of the accused Shashi Kant Gupta. The said security guard revealed that accused Shashi Kant Gupta had obtained copies of his Identity related documents from him in the name of opening of bank account for paying salary in his account. However, he has never been informed regarding the bank accounts opened, if any, in his name.
During investigation, it has also revealed that accused also got opened several bank accounts in a private Bank pertaining to 11 firms/companies namely (1) Verizon Enterprises (2) Impact Enterprises (3) Gupta Traders (4) Hira Plastics (5) Glencore enterprises (6) Parafait Dealers (7) Atlas Sales Traders (8) Banke Bihari Traders (9) Divyanshi Enterprises (10) Global Traders (11) Chaudhary Plastics, in the name of other persons who were presented as his known persons in the Bank for opening the accounts, and for doing the fraudulent transactions. The same was done by the accused persons viz. Shashi Kant Gupta and his son Akshay Gupta, to avoid scrutiny/surveillance of GST Department.
Profile of the accused:-
Accused Shashi Kant Gupta was born in Shahdara Delhi. He has completed his education upto senior secondary from GBSSS Shahdara Delhi. He belongs to a business class family and his father Late Surendra Kumar Gupta was having a shop of electrical goods in Chandni Chowk. After his education, he started working in a plastic factory and later in the year 1992 he started his own business of trading of plastic granules. He owned four firms namely Delight Poly Plast, Shashi Plast Pvt. Ltd. Delight Plastics and Poonam Polyplast registered in his/family members’ name.
Involvements-
Accused Shashi Kant Gupta is also involved in a case of similar nature registered at PS- City Sonipat, Haryana vide FIR no. 647/20 u/s 419/420/467/468/120B IPC & 132 GST Act.
Modus Operandi
The accused Shashi Kant Gupta used to obtain copies of identity documents and photographs of his workers and employees/ other known persons for the purpose of opening of bank accounts and after that he used those identity documents to obtain GST Registration from GST Department using their particulars. Bogus transactions and billings were made from those firms which were indirectly controlled by accused Shashi Kant Gupta and his son Akshay Gupta to avoid paying GST.
Further investigation is in progress.
(VIKRAM K. PORWAL)
DEPUTY COMMISSIONER OF POLICE,
ECONOMIC OFFENCES WING,
NEW DELHI.
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