NEW DELHI: ED has filed a chargesheet against former Punjab cabinet minister and AAP neta Sanjeev Arora, accusing him of being the kingpin of a fake iPhone export scam where consignments were falsely shown to have been sent to Dubai using bogus purchase bills and export documents to launder Rs 103 crore.Arora has been in judicial custody since his arrest by ED on May 9. His bail plea has been rejected by a Gurgaon court and an appeal is pending before Punjab and Haryana HC.The prosecution complaint, filed before a special court in Gurgaon on July 6, is learned to have details of how around Rs 100 crore was allegedly passed off as money received from Dubai for export of iPhones. It consisted of “export remittance” of Rs 87 crore and Rs 16 crore in IGST and duty drawback refund.The agency has alleged that “sham export transactions” were structured through fictitious procurement, related overseas buyers and circular fund movement. The total quantum of alleged iPhone sales has been estimated at over Rs 150 crore, of which over Rs 100 crore worth were exported to a Dubai-based company which is an investor in Arora’s realty firm, sources said.ED has attached assets linked to the AAP politician and his realty firm, Hampton Sky Realty Ltd, worth over Rs 55 crore. This includes bank accounts, fixed deposits, land, commercial premises and residential apartments in Ludhiana, Gurgaon and Chandigarh. An account in ICICI Bank that received over Rs 100 crore of export proceeds has Arora as its signatory, says the chargesheet.The agency has made Arora accused No. 1 in its chargesheet. The probe is based on an FIR registered against him and Hampton Sky Realty Ltd by Udyog Vihar police in Gurgaon on April 18. Searches have been conducted on premises linked to the former minister and associated entities.Also being probed are two Dubai-based firms, Fortbel Telecom FZCO and Dragon Global FZCO, which had allegedly received the iPhone consignments and made remittances to Arora’s firm in India.A senior official said ED’s investigation revealed that the purchase of iPhones was made by “non-existent, shell, dummy, or financially incapable supplier entities”. These shell entities allegedly generated bogus invoices without actual supply of goods. Many of them had common phone numbers and email IDs showing a “coordinated operation”.Get the latest India news and live updates. Download the TOI App.End of ArticleFollow Us On Social MediaVideosPM Modi Praises Australia’s Under-16 Social Media Ban, Says ‘India Learning From It’Flood Fury Disrupts Cities Nationwide, IMD Issues Red Alerts Amid Relentless RainfallAustralia To Return Three Historic Indian Artefacts During PM Modi’s VisitTensions In MVA As Sanjay Raut Slams Sharad Pawar For Holding Meeting At Eknath Shinde’s OfficeIndia, Myanmar Review Border Security, Intelligence Sharing’Hit With Iron Rod’: Bengaluru PT Teacher Booked After Allegedly Beating 12-Year-Old To DeathIndian Railways Clarifies Digital Ticket Rules: Only Original Rail One App Ticket Will Be AcceptedIndia and Australia Finalise Uranium Export Arrangement Under Civil Nuclear AgreementUGC-NET Under Scanner After Alleged Paper Leak; Education Ministry Seeks NTA InvestigationDRDO Successfully Tests Pinaka Long-Range Guided Rocket; Hits Target With Pinpoint Accuracy123PhotostoriesWho was ‘Miss Dior’? The fascinating woman behind Christian Dior’s most iconic perfume8 nicknames for white dogs that perfectly match their personality and charm7 Plants with leaves and flowers that naturally stain and dyeFrom a Rs 2.5 crore watch to Shikhar Pahariya’s name in her mehendi: Inside Janhvi Kapoor’s most talked-about moments at Anshula Kapoor’s weddingFeeling better isn’t a reason to stop antibiotics: Doctor warns the habit is fueling the rise of deadly superbugsShould you apply coconut oil before or after washing your hair? Experts finally settle the debate10 international baby names that work across different culturesAamir Khan’s rare ruby wedding ring for Gauri Spratt took 256 hours and 131 artisans to createPowerful life lessons Japanese parents teach their children that the rest of the world can learn fromClear your bowels naturally every morning with these 10 foods123Hot PicksIndia-AustraliaTiesOmar AbdullahMorocco VS FranceMahadev AppNET paper leakMonsoon trackerStock market todayStrait of HormuzAP DEECET rank cardTop TrendingCrude oilRamesh MhatreUS Section 301FIFA World Cup 2026India u19 vs Sri Lanka U19Andhra Hospital MurderWeather todayDelhi NCR rainBihar BDO Wife MurderIran war

NEW DELHI: ED has filed a chargesheet against former Punjab cabinet minister and AAP neta Sanjeev Arora, accusing him of being the kingpin of a fake iPhone export scam where consignments were falsely shown to have been sent to Dubai using bogus purchase bills and export documents to launder Rs 103 crore.Arora has been in judicial custody since his arrest by ED on May 9. His bail plea has been rejected by a Gurgaon court and an appeal is pending before Punjab and Haryana HC.The prosecution complaint, filed before a special court in Gurgaon on July 6, is learned to have details of how around Rs 100 crore was allegedly passed off as money received from Dubai for export of iPhones. It consisted of “export remittance” of Rs 87 crore and Rs 16 crore in IGST and duty drawback refund.The agency has alleged that “sham export transactions” were structured through fictitious procurement, related overseas buyers and circular fund movement. The total quantum of alleged iPhone sales has been estimated at over Rs 150 crore, of which over Rs 100 crore worth were exported to a Dubai-based company which is an investor in Arora’s realty firm, sources said.ED has attached assets linked to the AAP politician and his realty firm, Hampton Sky Realty Ltd, worth over Rs 55 crore. This includes bank accounts, fixed deposits, land, commercial premises and residential apartments in Ludhiana, Gurgaon and Chandigarh. An account in ICICI Bank that received over Rs 100 crore of export proceeds has Arora as its signatory, says the chargesheet.The agency has made Arora accused No. 1 in its chargesheet. The probe is based on an FIR registered against him and Hampton Sky Realty Ltd by Udyog Vihar police in Gurgaon on April 18. Searches have been conducted on premises linked to the former minister and associated entities.Also being probed are two Dubai-based firms, Fortbel Telecom FZCO and Dragon Global FZCO, which had allegedly received the iPhone consignments and made remittances to Arora’s firm in India.A senior official said ED’s investigation revealed that the purchase of iPhones was made by “non-existent, shell, dummy, or financially incapable supplier entities”. These shell entities allegedly generated bogus invoices without actual supply of goods. Many of them had common phone numbers and email IDs showing a “coordinated operation”.Get the latest India news and live updates. Download the TOI App.End of ArticleFollow Us On Social MediaVideosPM Modi Praises Australia’s Under-16 Social Media Ban, Says ‘India Learning From It’Flood Fury Disrupts Cities Nationwide, IMD Issues Red Alerts Amid Relentless RainfallAustralia To Return Three Historic Indian Artefacts During PM Modi’s VisitTensions In MVA As Sanjay Raut Slams Sharad Pawar For Holding Meeting At Eknath Shinde’s OfficeIndia, Myanmar Review Border Security, Intelligence Sharing’Hit With Iron Rod’: Bengaluru PT Teacher Booked After Allegedly Beating 12-Year-Old To DeathIndian Railways Clarifies Digital Ticket Rules: Only Original Rail One App Ticket Will Be AcceptedIndia and Australia Finalise Uranium Export Arrangement Under Civil Nuclear AgreementUGC-NET Under Scanner After Alleged Paper Leak; Education Ministry Seeks NTA InvestigationDRDO Successfully Tests Pinaka Long-Range Guided Rocket; Hits Target With Pinpoint Accuracy123PhotostoriesWho was ‘Miss Dior’? The fascinating woman behind Christian Dior’s most iconic perfume8 nicknames for white dogs that perfectly match their personality and charm7 Plants with leaves and flowers that naturally stain and dyeFrom a Rs 2.5 crore watch to Shikhar Pahariya’s name in her mehendi: Inside Janhvi Kapoor’s most talked-about moments at Anshula Kapoor’s weddingFeeling better isn’t a reason to stop antibiotics: Doctor warns the habit is fueling the rise of deadly superbugsShould you apply coconut oil before or after washing your hair? Experts finally settle the debate10 international baby names that work across different culturesAamir Khan’s rare ruby wedding ring for Gauri Spratt took 256 hours and 131 artisans to createPowerful life lessons Japanese parents teach their children that the rest of the world can learn fromClear your bowels naturally every morning with these 10 foods123Hot PicksIndia-AustraliaTiesOmar AbdullahMorocco VS FranceMahadev AppNET paper leakMonsoon trackerStock market todayStrait of HormuzAP DEECET rank cardTop TrendingCrude oilRamesh MhatreUS Section 301FIFA World Cup 2026India u19 vs Sri Lanka U19Andhra Hospital MurderWeather todayDelhi NCR rainBihar BDO Wife MurderIran war


Punjab ex-min kingpin of fake iPhone export scam: ED chargesheet

NEW DELHI: ED has filed a chargesheet against former Punjab cabinet minister and AAP neta Sanjeev Arora, accusing him of being the kingpin of a fake iPhone export scam where consignments were falsely shown to have been sent to Dubai using bogus purchase bills and export documents to launder Rs 103 crore.Arora has been in judicial custody since his arrest by ED on May 9. His bail plea has been rejected by a Gurgaon court and an appeal is pending before Punjab and Haryana HC.The prosecution complaint, filed before a special court in Gurgaon on July 6, is learned to have details of how around Rs 100 crore was allegedly passed off as money received from Dubai for export of iPhones. It consisted of “export remittance” of Rs 87 crore and Rs 16 crore in IGST and duty drawback refund.The agency has alleged that “sham export transactions” were structured through fictitious procurement, related overseas buyers and circular fund movement. The total quantum of alleged iPhone sales has been estimated at over Rs 150 crore, of which over Rs 100 crore worth were exported to a Dubai-based company which is an investor in Arora’s realty firm, sources said.ED has attached assets linked to the AAP politician and his realty firm, Hampton Sky Realty Ltd, worth over Rs 55 crore. This includes bank accounts, fixed deposits, land, commercial premises and residential apartments in Ludhiana, Gurgaon and Chandigarh. An account in ICICI Bank that received over Rs 100 crore of export proceeds has Arora as its signatory, says the chargesheet.The agency has made Arora accused No. 1 in its chargesheet. The probe is based on an FIR registered against him and Hampton Sky Realty Ltd by Udyog Vihar police in Gurgaon on April 18. Searches have been conducted on premises linked to the former minister and associated entities.Also being probed are two Dubai-based firms, Fortbel Telecom FZCO and Dragon Global FZCO, which had allegedly received the iPhone consignments and made remittances to Arora’s firm in India.A senior official said ED’s investigation revealed that the purchase of iPhones was made by “non-existent, shell, dummy, or financially incapable supplier entities”. These shell entities allegedly generated bogus invoices without actual supply of goods. Many of them had common phone numbers and email IDs showing a “coordinated operation”.



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