New Delhi, May 16 -- The Economic Offences Wing of Delhi Police has cracked two separate cases of GST fraud.

A network of shell companies involved in layering funds through multiple accounts has been busted.

The accused used victims' credentials to perpetrate a multi-crore financial crime, according to the police.

Further details are awaited.

Earlier on Friday, Delhi Police Crime Branch arrested a proclaimed offender carrying a reward of Rs 50,000 from Anantnag in Jammu and Kashmir in connection with a fraud case registered at Mahendra Park Police Station. The accused had been absconding for several years and was constantly changing his hideouts and SIM cards to evade arrest.

According to Delhi Police, the Crime Branch team had been ...