Police in Agra have busted an alleged ₹70 crore fake GST billing racket operated through shell firms created using forged documents. Three accused—Rajat Banerjee, Rahul, and Nitin—have been arrested following an investigation into a complaint filed by a state tax officer. Authorities believe the racket caused substantial losses to the government exchequer through fraudulent GST transactions.
Registration Begins for FutureCrime Summit 2026, India’s Largest Cybercrime Conference
According to investigators, the accused allegedly forged documents and misused the identities of other individuals to register fake GST firms. These entities were then used to generate fraudulent invoices and carry out fictitious business transactions on paper, resulting in fake billing worth nearly ₹70 crore.
The investigation was initiated after a complaint was lodged on November 1, 2025. Police said the alleged fraud was committed between June 4, 2022, and June 10, 2024, during which the accused reportedly created multiple fake firms to facilitate bogus GST transactions.
Technical evidence collected during the investigation helped investigators identify the accused and establish their alleged involvement in the racket. During the operation, police seized seven mobile phones, one laptop, an ink pad, and ten plastic stamps, which were allegedly used to prepare forged documents and operate the fake business entities.
Investigators stated that the case was uncovered through a joint operation conducted by the Cybercrime Team of Lohamandi Police Station and the Counter-Intelligence Team. Digital evidence, financial records, and transaction trails are now being examined to determine the full extent of the alleged fraud and identify additional individuals who may have been involved.
Authorities said several more suspects have surfaced during the course of the investigation, and further legal action will be taken based on the evidence collected. Investigators are also scrutinising digital records and banking transactions linked to the bogus firms to establish the complete financial trail.
The case has been registered under relevant legal provisions, including Section 420 of the Indian Penal Code (IPC) relating to cheating. Officials said the investigation is continuing to identify all beneficiaries of the alleged fake GST network and assess the total financial loss caused to the government.
Renowned cybercrime expert and former IPS officer Prof. Triveni Singh said that organised financial frauds involving fake GST registrations increasingly rely on forged identities, digital documentation, and layered financial transactions to conceal illegal activities. He noted that digital forensics, banking analysis, and inter-agency coordination are essential for tracing the money trail, identifying beneficiaries, and dismantling such sophisticated financial crime networks.
