A promise of government employment led a young Delhi resident, Ankush, into an elaborate ₹130 crore Goods and Services Tax (GST) fraud. The 25-year-old discovered he was the registered proprietor of 'R K Enterprises,' a phantom firm accused of channeling transactions worth ₹128 crore without remitting taxes.
How a Job Promise Led to Identity Theft
The intricate scheme came to light when GST officials visited Ankush's home in Northeast Delhi. Unbeknownst to him, his personal documents – Aadhaar card, PAN card, and biometric data – had been misused. Investigators revealed that Ankush had shared these details with his childhood friend, Puneet, who had falsely promised a job within the GST department in September 2025.
These documents were then allegedly used to register R K Enterprises, a company Ankush had no knowledge of, and which had no legitimate business operations. His family was shocked when presented with a No Objection Certificate (NOC) for their modest home to be used as a business office, bearing his father's forged signature.
The Anatomy of the ₹130 Crore GST Racket
Delhi Police's Economic Offences Wing (EOW) investigation uncovered a sophisticated network operating primarily from Daryaganj. At the center was Raj Kumar Dixit, a 39-year-old broker. Police allege Dixit and his associates created nearly 250 shell companies using stolen or misused identity documents from unsuspecting job seekers.
These fake entities were then used to generate bogus invoices, simulating business transactions that never occurred. This allowed the perpetrators to fraudulently claim Input Tax Credit (ITC) benefits, a system designed to prevent double taxation. Money was routed through these shell companies' bank accounts, making illicit transactions appear legitimate.
Expanding the Fraud: Bank Accounts and Cash-Intensive Businesses
The racket further exploited vulnerable individuals by purchasing their bank accounts for approximately ₹15,000 each. These accounts were crucial for moving the laundered funds. Additionally, the accused reportedly targeted cash-intensive businesses, such as meat sellers, to convert unaccounted cash into seemingly legitimate bank transactions. Clients would transfer money to the shell firms' accounts, receiving cash in return, minus a commission.
Key Arrests and Ongoing Investigation
The EOW launched a full investigation after Ankush filed a complaint on March 24. Tracing the firm's digital footprint, including email and phone numbers, led police to Daryaganj. Several arrests have been made, including Raj Kumar Dixit and his brother Dilip Kumar, Nitin Verma, Aman Kumar, Vibhash Kumar Mitra (the alleged accountant for the group), Mohd Waseem, and Abid.
Later arrests included Puneet, Ankush's friend, and Hemant Mulani, an accountant who allegedly facilitated the creation of fake firms and fraudulent ITC claims using stolen IDs. Police continue to examine transactions linked to the network, including alleged payments for property purchases.
Protecting Against Identity Theft and Financial Fraud
This case serves as a critical warning about the dangers of sharing personal documents indiscriminately. Authorities advise extreme caution when presented with job offers or financial opportunities that demand extensive documentation upfront. Individuals should always verify the legitimacy of who is collecting their information and regularly monitor their financial and tax records for any suspicious activity. For Ankush, what began as a simple job search evolved into an unwitting involvement in a significant financial crime, highlighting the severe consequences of identity misuse.