Thane, March 9 A man has been arrested in Bhiwandi, Thane district, for allegedly using the identity documents of a senior citizen and his family to operate five companies and evade GST payments, a police official said on Monday.
The accused approached the 67-year-old victim, promising him a business loan, according to the official at the Bhiwandi city police station.
"Under the guise of processing the loan application, the 55-year-old accused allegedly obtained the personal documents of the complainant, his wife, and children. Subsequently, he used these documents to secretly establish five separate companies in their names between February 2012 and December 2022," the official said.
The accused conducted business transactions through these companies but failed to pay the required GST. An investigation has revealed that he has used the same method to defraud others, the official added.
A case has been registered under the Indian Penal Code for cheating, forgery, and other offenses, although no arrests have been made so far, the official informed.