Surat: Police in Gujarat’s Surat have registered a case against 32 people and entities in an alleged financial scam involving around ₹10.84 crore linked to the transport business.
The accused allegedly misused the company’s bank accounts and online banking system for more than five years between January 2021 and April 2026 to divert funds into various accounts. The investigation has been handed over to the Economic Offences Wing (EOW).
The case was registered following a complaint by Jitendra Gupta, owner of JK Express and JK Transline. The complaint alleges that Parin Taylor, an accountant associated with the two companies for around 11 years, misused his access to their bank accounts and online banking system. Gupta’s two companies operate a transport business with a fleet of 92 trucks across Mumbai, Surat and Rajkot.
According to the complaint, Gupta used to share one-time passwords (OTPs) received on his mobile phone with the accountant to authorise payments, including payments to petroleum companies. The accountant allegedly exploited this access by altering beneficiary details in payment-related sheets. Instead of the actual bank accounts used for payments to petroleum companies, account details allegedly belonging to the accountant, his relatives, acquaintances and other persons were entered.
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The alleged irregularities came to light when representatives of the two companies noticed discrepancies in payments made to petrol pumps. A detailed examination of bank transactions was subsequently conducted. Several payments were allegedly found to have been transferred to bank accounts other than those belonging to the concerned petroleum companies. The complaint states that between 2023 and April 2026, multiple amounts were transferred from the company accounts to accounts allegedly linked to members of the accountant’s family and other alleged associates.
The investigation has also raised allegations that funds were transferred to the accounts of Jai Kuber Transport and some other partnership firms. According to the complaint, Jai Kuber Transport was allegedly operated by the accountant’s brother and another partner. Police were also informed that fuel cards issued to the transport companies were allegedly misused, with fuel purchased at petrol pumps and locations that had no connection with the companies’ regular transport routes.
The complaint further alleges manipulation of transport bills. It is alleged that false records were created showing the deployment of additional vehicles for a customer, and payments were subsequently obtained in the names of those vehicles before the money was allegedly diverted elsewhere. The complainant has put the total financial loss caused by the alleged fraud at ₹10.84 crore.
The complaint provides a breakdown of the alleged diversion. Around ₹8.59 crore was allegedly diverted through bank transactions. In addition, fuel cards worth approximately ₹54.82 lakh were allegedly misused, while around ₹1.70 crore was allegedly transferred to the account of a particular firm.
The FIR names several people in addition to the accountant, including his wife, brother, sister-in-law and parents. A total of 32 accused persons and entities have been named in the case. The complainant has also sought an investigation into the role of any other individuals or entities whose involvement may emerge during the probe.
The FIR further alleges that during the period under investigation, the accountant and members of his family jointly purchased 12 trucks and acquired a flat in Mumbai. Police are examining whether these assets have any connection with the allegedly diverted funds and the transactions under investigation.
Dumas police registered the case under Sections 316(4), 336(2), 336(3), 338, 340(2), 61(2) and 3(5) of the Bharatiya Nyaya Sanhita (BNS). Police have so far arrested nine accused persons. They include alleged main accused Parin Taylor, along with alleged associates and relatives Pratik Taylor, Tejal Taylor, Geeta Taylor, Bhupendrasingh Bhadoria, Prahladsingh Kataria, Mahendra Singh, Priyanka Parmar and Manish Nayaka.
The EOW is now examining bank accounts, payment records, fuel-card usage, alleged fraudulent bills and documents related to property and vehicle purchases. Investigators are also tracing the alleged diverted funds to determine the accounts and entities that ultimately received the money and to establish whether additional people were involved in the alleged financial arrangement.
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