Guwahati, Nov. 9 -- A 30-year-old man was arrested from West Bengal's Siliguri for allegedly defrauding an Assam-based company of more than Rs 11.50 crore through forged Indian Army supply contracts and impersonation of Army officers.

The accused, Harsh Agarwal, was arrested during an inter-state operation by Guwahati's Panbazar Police following a probe into M/s Global Traders.

According to investigators, Agarwal exploited an existing business connection to gain the firm's trust before introducing his brother, Ayush Agarwal, as a relative handling Army supply contracts.

The duo allegedly used forged documents, fake military credentials, and falsified financial records to carry out the scam.

Bank transactions, digital records, and inte...