Friday, October 3, 2025
31.1 C
New Delhi

ED Searches 9 Locations, Attaches Properties In Connection With Surrogacy, GST Fraud

Show Quick Read

Key points generated by AI, verified by newsroom

Hyderabad (Telangana) [India] October 3 (ANI): The Enforcement Department (ED) has conducted searches at 9 locations in Hyderabad, Vijayawada and Visakhapatnam on September 25th. The raids conducted under the PMLA (Prevention of Money Laundering Act), 2002 in connection with the illegal surrogacy racket being run by Dr. Pachipalli Namrata alias Athaluri Namrata in the name of Universal Srishti Fertility and Research Centre. During the searches, various incriminating documents were recovered and seized.

Earlier, ED has attached 10 immovable West Bengal-based properties valued at Rs 15.41 crore that belong to Amit Gupta, one of the masterminds of a large-scale GST fraud syndicate, and his associates. ED’s Ranchi Zonal Office attached these properties in Kolkata and Howrah on September 29 under the provisions of the Prevention of Money Laundering Act (PMLA), 2002.

In a statement, the ED said it initiated an investigation based on multiple complaints filed by the Directorate General of GST Intelligence (DGGI), Jamshedpur, against a criminal syndicate led by Shiva Kumar Deora, Amit Gupta, Sumit Gupta, and Amit Agarwal, also known as Vicky Bhalotia.

ED investigation revealed that “the accused masterminds orchestrated a sophisticated fraud by creating and operating a network of 135 shell companies across Jharkhand, West Bengal, and Delhi.”

“The syndicate’s modus operandi involved the issuance of bogus GST invoices without any actual supply of goods, thereby fraudulently generating and passing on fake Input Tax Credit (ITC) valued at over Rs 734 crore,” said the ED.” This fraudulent ITC was then sold for a commission to various end-user entities, which used the illicit credit to evade their legitimate GST liabilities, causing a massive loss to the government exchequer.”

ED said its investigation has established that “the syndicate earned a commission of approximately Rs 67 crore from this criminal activity, which constitutes the Proceeds of Crime (POC). (ANI)

(This report has been published as part of the auto-generated syndicate wire feed. Apart from the headline, no editing has been done in the copy by ABP Live.)

Go to Source

Hot this week

UAE: Man arrested in Dubai for running illegal hair transplant clinic from apartment

The suspect converted a bedroom into an unlicensed clinic, performing hair transplants using unsafe equipment, anaesthetics, and disinfectants/ Representative image for illustrative purposes only The Anti-Economic Crimes Department Read More

Why is Japan just days away from running out of the popular Asahi Super Dry beer?

Japan’s most popular beer brand, Asahi Super Dry, is facing a large-scale cyberattack that has paralysed domestic operations of Asahi Group Holdings, leaving production facilities offline and distribution networks shut down. Read More

Philippine Army Plotting Coup? Manila Fears “Repeat of Mischief Reef,” Losing 2nd Shoal to China |4K

The Philippine military chief said Friday (Oct. 3) he rejected calls for the armed forces to topple President Ferdinand Marcos as Manila was rocked by street protests last month against government corruption. Read More

Sonam Kapoor, Carrying Elephant Pouch With Traditional Outfit, Is Setting Trends

Published By : Last Updated:October 03, 2025, 19:27 IST For Anshula Kapoor’s engagement, Sonam Kapoor stunned in a custom Siddhartha Bansal ensemble that blended vintage flair and maximalist mischief. Read More

Steve Jobs’ Daughter Eve Jobs Steals Spotlight With Stunning Milan Fashion Week Look

Curated By : Last Updated:October 03, 2025, 19:18 IST Steve Jobs’ youngest daughter, Eve Jobs, has gone viral on Instagram after she shared her look from the Milan Fashion Week. Eve Jobs shared the photos on Instagram. Read More

Topics

UAE: Man arrested in Dubai for running illegal hair transplant clinic from apartment

The suspect converted a bedroom into an unlicensed clinic, performing hair transplants using unsafe equipment, anaesthetics, and disinfectants/ Representative image for illustrative purposes only The Anti-Economic Crimes Department Read More

Why is Japan just days away from running out of the popular Asahi Super Dry beer?

Japan’s most popular beer brand, Asahi Super Dry, is facing a large-scale cyberattack that has paralysed domestic operations of Asahi Group Holdings, leaving production facilities offline and distribution networks shut down. Read More

Philippine Army Plotting Coup? Manila Fears “Repeat of Mischief Reef,” Losing 2nd Shoal to China |4K

The Philippine military chief said Friday (Oct. 3) he rejected calls for the armed forces to topple President Ferdinand Marcos as Manila was rocked by street protests last month against government corruption. Read More

Sonam Kapoor, Carrying Elephant Pouch With Traditional Outfit, Is Setting Trends

Published By : Last Updated:October 03, 2025, 19:27 IST For Anshula Kapoor’s engagement, Sonam Kapoor stunned in a custom Siddhartha Bansal ensemble that blended vintage flair and maximalist mischief. Read More

Steve Jobs’ Daughter Eve Jobs Steals Spotlight With Stunning Milan Fashion Week Look

Curated By : Last Updated:October 03, 2025, 19:18 IST Steve Jobs’ youngest daughter, Eve Jobs, has gone viral on Instagram after she shared her look from the Milan Fashion Week. Eve Jobs shared the photos on Instagram. Read More

Suspected miscreants from Nagaland set ablaze houses in Assam’s Golaghat

Houses set ablaze (PTI) Suspected miscreants from Nagaland allegedly set ablaze around 90 houses in Golaghat district of Assam on Friday, a senior official said. Read More

Related Articles