After demonetization, people are trying to find ways to convert their black money into white without being caught and undoubtedly, the best person to handle such situation is a Chartered Accountant and Mumbai police has arrested one CA who was trying to convert black into white.
This all started with a notice from Income Tax Department to pay the dues of more than Rs. 5.4 crore, which was sent to Ravi Jaiswal who lives in the Ganesh Deval Nagar slums in Bhayander (west). Ravi (32) works as an office assistant and as per the notice, he was the owner of four firms.
Without any further delay, Ravi met Mahesh Patil, SP, Thane, and he ordered an investigation after seeing the financial condition of Ravi.
It was found after the probe that four fake companies were formed using Ravi’s PAN and Aadhaar; these firms were Gem Redtech, State Ford Textiles, Shayansh Corporation and Purvi Realty.
Ravi informed police that in 2008, he joined Kandivli-based chartered accountant Rajesh Agrawal where his PAN and Aadhaar were taken in order to open his bank account; however, he kept getting his salary in cash. He was there till 2012 and after that, he joined somewhere else.
Rajesh Agrawal (42) has been arrested by the police along with his three accomplices – partner Rajeev Gupta (30), Juglesh Gupta (25) and Santosh Singh (32), his two employees, under the charges of starting fake company for laundering money in the name of Ravi Jaiswal. Thane court has sent them in police custody.
As per the sources in police, Rajesh opened two bank accounts in the name of Ravi after demonetization using his fake signature. Rajeev Gupta too left the firm in the year 2012 and started a gas agency while police has doubt that all the paperwork done for these four fake firms is completed by Juglesh and Santosh.
After raiding Agrawal’s office, police has come to know that two more fake companies have been started by him. Officers have seized a hard disk, fake rubber stamps of govt. offices and documents from his office.
This is indeed very shameful that mighty people make wrong use of their intelligence and power to trap poor people just for their own benefits. Do let us know your views with regard to the article in the comments section below.
All Images Are Used For Representational Purpose Only