Overview
- Investigators say fake firms and mule bank accounts were used to route roughly ₹24 crore in a year through a company set up as Satya Sahab Traders.
- Police identified additional paper firms — Mahavir Trading Company, Mahakal Traders and Sumit Traders — allegedly used to generate bogus invoices to evade GST.
- Shahid Ahmed, 38, and Amit Gupta, 38, were detained in the Bhuta area, with mobile phones and cash recovered during the operation.
- Authorities allege the network targeted small traders and daily wage workers by misusing Aadhaar and PAN details to open accounts and float shell entities.
- A case has been registered under the Bharatiya Nyaya Sanhita as police examine possible hawala links and probe a person of interest in Shahjahanpur.