Sant Kabir Nagar, June 3 -- The Sant Kabir Nagar Police in Uttar Pradesh on Wednesday busted a major financial fraud and arrested four accountants from Delhi for allegedly running a fake firm that defrauded the government of approximately Rs 18 crore of lost GST revenue.

According to Sant Kabir Nagar Superintendent of Police Sandeep Kumar Meena, the accused set up a fraudulent entity named Yadav Enterprises and generated fake e-way bills to evade taxes.

"Sant Kabir Nagar SP Sandeep Kumar Meena said," A case was registered by Arvind Kumar at the Khalilabad police station regarding a fraudulent firm created by unknown individuals that caused a loss of approximately Rs 18 crores in GST to the government. The investigation was handed to Ins...