Former Managing Director of BharatPe, Ashneer Grover, and his wife Madhuri Jain were halted at the Indira Gandhi International Airport on Thursday evening as they were en route to New York, according to sources familiar with the matter.
The Economic Offences Wing (EOW) of the Delhi Police issued a lookout circular (LoC) earlier this week in the midst of ongoing investigations into alleged fraud involving the couple at BharatPe.
Sindhu Pillai, Joint Commissioner of Police (EOW), confirmed that the couple was en route to New York and stated, “They were detained before security check and asked to return to their Delhi residence and join the probe at the EOW office at Mandir Marg next week.”
Pillai clarified that the LoC was issued to prevent the couple from traveling abroad and emphasized that they have not been formally arrested yet.
Earlier this week, Mint reported that recruitment firms associated with Ashneer Grover and his family members, linked to BharatPe, employed backdated invoices to divert funds for services allegedly not rendered to the fintech unicorn. This revelation emerged from an investigation by the EOW of the Delhi Police.
The probe agency encountered difficulty in tracing several firms to which BharatPe had made vendor payments. In December 2022, BharatPe filed a criminal complaint against Grover, his wife, and her family members, accusing them of orchestrating a ₹81.28 crore fraud. One of the allegations pertains to ₹7.6 crore that BharatPe purportedly paid to eight HR consultants linked to the accused individuals between 2018 and 2021.
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