CBI books three EPFO officials for multi-crore fraud
The Hindu
They caused huge loss to the corpus by settling fake claims
The CBI has booked three officials of the Employees’ Provident Fund Organisation (EPFO) for allegedly causing huge losses to its corpus by settling more than 90 claims in the name of persons shown as employees of a Mumbai-based company that wound up in 2009. “When investment loss is also factored in, the wrongful loss to the corpus at the hands of the fraudsters is compounded many times over and above the principal sum of ₹2.71 crore,” the FIR said. The fraud was committed between March 2020 and June 2021. The accused officials have been identified as senior social security assistant Chandan Kumar Sinha, who is posted in Mumbai; assistant PF commissioner Uttam Tagaray, who is currently in Tamil Nadu’s Coimbatore; and assistant PF commissioner Vijay J. Jarpe, who is posted in Chennai.More Related News