2 form 10 Shell Cos, Siphon Off Rs 11.79 cr in GST Fraud
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Summary
Two individuals were arrested in Hyderabad for creating 10 non-existent GST-registered firms using forged documents to fraudulently claim input tax credit. The gang cheated the government of ₹11.79 cr...
Key Details
Published
13 November 2025 at 10:00 pm
Source
Deccan Chronicle
Channel
fake website
Victim Profile
NA
State
Telangana
City
Hyderabad
Amount Loss Range
₹10000000–₹25000000
Fraud Keywords
shell companiesgst fraudinput tax credit fraudforged documentsfake gst registrationbogus invoicese-waybill manipulationotp verification bypasstax evasiondocument forgery
Tags
Digital Footprint
Sohil Muradali Lakhani, 34, from Abids (arrested accused)Mohd Akram Hasnuddin, 43, from Ramnagar, Adikmet (arrested accused)Abdullah from Delhi (absconding mastermind)Syed Mujtaba Hussaini alias Azam (absconding technical expert)Ayiti Raja Shekar (absconding technical operator)10 fake GST-registered firms₹11,79,76,284 (fraudulent amount)₹53.73 crore (fake turnover)405 fabricated e-waybillsTelangana, Maharashtra, Tamil Nadu, Haryana, Odisha, Chhattisgarh, Karnataka and Gujarat (operational states)52 firms in total