Quick Summary
Introduction The Economic Offence Wing (EOW) of the Thane police has made a significant arrest, apprehending a Surat-based businessman, Kailash Kothari (41), on charges of allegedly cheating his partner to the tune of Rs 2 crore. This arrest follows a prior one in 2022, where D Singh, another individual implicated in the case, had been taken into custody after failed attempts to secure anticipatory bail. Background In June 2020, Kailash Kothari, leveraging his purported expertise in the
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FAQ :
Kailash Kothari, a 41-year-old businessman from Surat, has been arrested by the Economic Offence Wing (EOW) of the Thane police.
The scam involves alleged GST manipulation and cheating, leading to a loss of £2 crore for the victim's garment business.
Kailash Kothari allegedly set up two additional companies in his wife's and an associate's names, manipulated invoices and GST numbers, and channelled client payments into these new companies.
The fraudulent activities began around June 2020 when Kailash Kothari convinced his partner to give him a 50% stake in a new garment company.
Yes, D Singh, an associate implicated in the case, was arrested previously after failing to secure anticipatory bail.
The Economic Offence Wing (EOW) of the Thane police is investigating the case.
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