BharatPe Ex-CEO Ashneer Grover, Family Made Fake Multi-Crore Invoices: Sources
NDTV
The accused allegedly used backdated invoices to move funds from BharatPe's accounts for payment of commissions for recruitment work, a status report filed by the EOW in the Delhi High Court stated
The Economic Offences Wing's (EOW) investigation into the alleged fraud at payments firm BharatPe has found a host of unexplained payments made to allegedly fake human resource consultancies by co-founder Ashneer Grover, his wife and the company's former head of controls Madhuri Jain Grover as well as Madhuri Jain's family members, sources have said.
The accused allegedly used backdated invoices to move funds from BharatPe's accounts for payment of commissions for recruitment work, a status report filed by the EOW in the Delhi High Court stated.
At least Rs 7.6 crore was paid to allegedly fake HR consultancies, while Rs 1.66 crore was paid as penalty to goods and services tax (GST) authorities. Another Rs 71.76 crore was allegedly siphoned off via fictitious transactions.
