The Economic Offences Wing (EOW) of Delhi Police has arrested a man for allegedly opening seven bank accounts with forged documents and routing black money to the tune of ₹9 crore through them. The accused has been identified as Gaurav Singhal, a resident of Shahdara, they said. In his statement, he admitted to have prepared fake IDs---- voter cards and pan cards for opening various bank accounts in which large amounts of cash were deposited during the period of demonetisation. During the probe, it was found that all the accounts were opened using two different names- Yogesh Kumar and Rahul Jain. Gaurav was nabbed by the EOW team on December 24 from a paying guest house in the Naveen Shahdara area.

Source: Mint December 26, 2020 03:41 UTC