The Economic Offences Wing (EOW) of Delhi Police has arrested a 35-year-old man for misappropriating black money of Rs 9 crore by opening bank accounts on forged documents in seven banks. Police said that the accused was absconding for a long time and to evade arrest he was continuously changing his residence in different localities of the city.
The accused has been identified as Gaurav Singhal alias Yogesh, a resident of Jyoti Colony in Shahdara area.
According to Dr O P Mishra, the Joint Commissioner of Police, EOW, a complaint was received in which the complainant Rajesh Kumar Gupta, Income Tax officer had alleged that during the period from November 9, 2016 to December 30, 2016, large amount of cash of Rs nine crores was deposited in different bank accounts.
“The complainant stated that on enquiry from concerned banks it emerged that the account holders were carrying out their business activities from the same premises. It was further found that there were too many businesses claiming to be the occupants of the same premises,” said the Joint CP.
“On the basis of the photographs available in the KYC documents, Gaurav Singhal was identified, who gave his statement under section 133 A of I.T. Act and admitted that he prepared fake Voter Cards and Pan Cards for opening various bank accounts in which large amounts of cash were deposited during the period of demonetization,” stated the complainant.
“A case under relevant section of Indian Penal Code (IPC) was registered by EOW in 2018 and investigation was taken up. During investigation, the original account opening forms of all the 7 bank accounts were taken on record. It was found that all the accounts were opened using two different names, Yogesh Kumar and Rahul Jain,” said the Joint CP.
“The account opening forms obtained from the banks also revealed that Gaurav had used his own photographs in all the four accounts of Canara Bank and used photographs of some unknown persons in the remaining three accounts. The documents attached with the forms were also found to be fake,” said the Joint CP.
“Police team also found that mobile number mentioned on six of the account opening forms was in the name of Gaurav. Majority of withdrawal and transfer had taken place through mobile banking and Internet Banking, which was activated on the mobile number of Gaurav,” said the Joint CP.
“Gaurav was nabbed by the EOW team on December 24 from a paying guest house in Shahdara area. He was evading police arrest for a long time and he preferred to hide in congested localities,” said the Joint CP.