Quick Summary
Aftab Memon, a man impersonating a Chartered Accountant, was arrested on Friday for defrauding a South Mumbai businessman of Rs 1.3 crore. Memon, who posed as a GST registration specialist, took the funds from BMC contractor Jay Dhani to open GST accounts for his company. Instead, he allegedly used
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FAQ :
A man named Aftab Memon, who was impersonating a Chartered Accountant, was arrested.
The businessman was defrauded of Rs 1.3 crore (approximately £1.3 million).
He posed as a GST registration specialist, took funds for GST accounts, and then used the victim's KYC documents to create fictitious companies and issue counterfeit invoices, diverting funds meant for GST payments.
The fraud was discovered on April 19 when the victim, Jay Dhani, received notices from the state GST department regarding a default payment of Rs 1.5 crore.
He faces charges under IPC sections for cheating, forgery, breach of trust, criminal conspiracy, and Section 74 of the GST Act.
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