Ludhiana industrialist, son booked for rRs.r5cr fraud, fake billing
Ludhiana, June 26 -- The Sahnewal police have booked Ludhiana-based industrialists for allegedly cheating scrap traders of Rs.5.65 crore and using fake invoices to claim wrongful GST benefits in a business transaction valued at over Rs.21 crore.
The accused, identified as industrialist Mahesh Gupta and his son Priyank Gupta, residents of College Road, Ludhiana, have been booked on charges of criminal breach of trust, cheating, forgery, use of forged documents and criminal conspiracy.
The FIR was registered on the complaint of brokers Madhav Bharti and Anmol Mittal, both residents of Mandi Gobindgarh.
The complainants alleged that the duo purchased scrap iron through them from eight firms between April 2024 and January 2025.
According ...
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