Mumbai EOW Records 80 Financial Fraud Cases Worth ₹5,485 Crore In 8 Months; 2 September Cases Total ₹7,379 Crore
Mumbai: The Mumbai police Economic Offences Wing (EOW) has registered 80 cases involving alleged financial fraud amounting to Rs5,485 crore up to August 31, 2026, according to crime data shared by the Mumbai police. While the number of cases has increased by five compared with the corresponding period last year, the amount involved is significantly lower. During the same period last year, 75…
The Mumbai Economic Offences Wing (EOW) has recorded 80 cases of alleged financial fraud totaling Rs5,485 crore up to August 31, 2026, according to police data. This number is five more than the same period last year, but the amount involved is considerably lower. In the same period last year, the EOW registered 75 cases involving Rs15,296.94 crore in alleged financial fraud.
January 2026 saw 21 cases worth Rs562.61 crore, while January 2025 had 13 cases amounting to Rs194.35 crore. By February 2025, cases increased by eight to Rs10,475.66 crore. By August 31, 2025, the EOW had registered 75 cases involving Rs15,296.94 crore. However, in the first two weeks of September 2026, the EOW registered two major cases involving Rs7,379 crore in alleged financial fraud.
In the first case, chartered accountants and company directors are accused of creating shell companies and submitting false Form 15CB certificates for remitting foreign currency abroad, leading to tax evasion and loss to the government. The second case involved a chartered accountant, three company directors, and others allegedly creating shell companies, submitting fraudulent Form 15CB certificates, and remitting Rs4,804.54 crore abroad, resulting in tax evasion and financial loss. The EOW is investigating both cases.
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