Chandigarh, April 9 -- The three accused in the CREST fraud , Swati Singla of Kharar, Abhishek Singla of Sector 63 and Ankur of Nayagaon who were also involved in shell companies fraud were produced before court on Wednesday. They were arrested after permission from the court and their production warrants were obtained.

According to the police, the amounts allegedly siphoned off from various government departments of Haryana and Chandigarh through IDFC First Bank, Sector 32 into the bank accounts of various companies, including CAPCO Fintech Services, RS Traders, Swastik Desh Projects and SRR Planning Gurus require thorough verification.

The police said, the accused Swati and Abhishek were partners of the firm, Swastik Desh Project and ...