ED Arrests CA in Rs 792-CR Scam
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Summary
The Enforcement Directorate arrested chartered accountant Sharad Chandra Toshniwal in connection with a Rs 792 crore investment fraud. Capital Protection Force Pvt. Ltd. and its promoter Amardeep Kuma...
Key Details
Published
21 August 2025 at 05:00 pm
Source
Deccan Chronicle
Channel
fake investment scheme
Victim Profile
investor
State
Telangana
City
Hyderabad
Amount Loss Range
> ₹10000000
Fraud Keywords
investment fraudfalcon invoice discounting schemefake high returnsstatutory auditor complicitymoney launderingbenami transactionscash routingshell companiesfinancial statement fraudchartered accountant involvement
Tags
Digital Footprint
Sharad Chandra Toshniwal (arrested CA)Capital Protection Force Pvt. Ltd. (fraudulent company)Amardeep Kumar (main accused)Sandeep Kumar (arrested co-accused)Rs 14.81 crore (laundered amount)Rs 18.14 crore (attached assets)Rs 792 crore (total fraud amount)Falcon invoice discounting scheme (fake investment scheme)Cyberabad economic offences wing (investigating agency)PMLA Court (judicial authority)