Bandra Police Book Hiren Bhagat, Associates For Allegedly Cheating Former Executive Of ₹7.99 Crore
Mumbai: The Bandra police have registered an FIR against Hiren alias Romi Bhagat and his associates for allegedly cheating a former company executive of ₹7.99 crore under the pretext of settling Goods and Services Tax (GST) liabilities. No arrests have been made so far in the case, police confirmed. FIR filed over alleged fraud The complainant, Amit Tipnis, 50, a resident of Dadar East and former…
According to the Bandra police, Hiren Bhagat and his associates have been booked for allegedly cheating a former company executive named Amit Tipnis of ₹7.99 crore. The cheating was allegedly done under the pretext of settling GST liabilities. The complainant, Tipnis, had been the country manager at BWW Global Pvt Ltd before his business shut down during the COVID-19 pandemic in 2020.
He was left with company liabilities of approximately ₹11 crore. Tipnis was introduced to Bhagat and his associate Akash Gupta in September 2023, who allegedly advised him to file a complaint in Guwahati against the company's in-charge and promised to help settle the GST cases. After Bhagat was arrested in January 2024, Tipnis was allegedly pressured to transfer settlement money to accounts directed by Gupta.
Gupta allegedly threatened Tipnis's bank account would be frozen through his contacts in the GST department. Tipnis, believing their assurances, transferred about ₹8 crore to various accounts and paid a professional fee. Tipnis had expressed fears for his safety and approached the police when Bhagat allegedly threatened him during a meeting.
Bhagat was granted bail in July 2024 in a money-laundering case, despite reasonable grounds to believe he was innocent. Police are currently investigating the case.
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