BharatPe co-founder Ashneer Grover and his wife Madhuri Jain will appear before the Economic Offenses Wing (EOW) of Delhi Police for questioning in connection with an alleged ₹81-crore fraud at the fintech unicorn, on November 21, 2023, police sources told PTI.
Earlier, Mint reported that the Economic Offenses Wing (EOW) of Delhi Police, citing its investigation, alleged that Grover and his family members used post-dated bills to siphon off funds. The probe agency also noted that it was unable to trace many firms to which BharatPe made vendor payments, according to the report.
Grover, in his social media post, quoted the EOW as saying that the investigation into the case “is at an early stage” and “responses from various authorities are still being received and examined.”
“Furthermore, further investigation is in progress on the allegations leveled by the complainant in the present case,” he further quoted the investigating body as stating.
In response to a complaint filed by BharatPe, the Economic Offenses Wing (EOW) invited the couple to attend its office in Mandir Marg on November 21.
After Grover claimed he was stopped at Delhi airport on Thursday while traveling to New York with his wife, the development came hours after he posted a post about X.
It was confirmed by the EOW officials that the pair were stopped after they were issued lookout circulars.
In May, the EOW filed an FIR against Grover, Madhuri Jain, and their family members, Deepak Gupta, Suresh Jain, and Shwetank Jain.
Approximately ₹81.30 crore was reported to have been damaged by Grover and his family due to extra-marital payments to fake human resource consultants, inflated and unjustified payments from pass-through vendors linked to the accused, sham transactions for input tax credits, payment of penalties to GST authorities, illegal. payments to travel agencies, forged invoices from Madhuri Jain, and destruction of documents.
A status report was filed in court by EOW officials on November 7.
It is possible for the accused to spend between ten years and life in prison if convicted.
In December 2022, BharatPe filed a civil suit against Grover and his family in the Delhi High Court, seeking up to ₹88.67 crore in damages.
(With Inputs from PTI)
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Updated: 21 Nov 2023, 09:02 IST
