Ashneer Grover, the founder and former Managing Director of BharatPe, is facing more trouble as one of his relatives has been arrested in the ongoing BharatPe fund embezzlement case. The Economic Offenses Wing (EOW) of the Delhi Police made the arrest.
This is the first time that a family member of Ashneer Grover has been arrested in this case. According to a report by Moneycontrol, the person arrested is named Deepak Gupta. He is the husband of Madhuri Jain’s sister, Ashneer Grover’s wife. The arrest took place on September 19. Madhuri Grover herself faced allegations in this case, after which she was removed from the company.
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Currently, Deepak Gupta is being held at the Mandir Marg police station in Delhi. He will be presented in court, where the police will request to keep him in custody for further investigation. He will be presented before the Chief Judicial Magistrate of Saket Court.
Case Against Ashneer’s Family
BharatPe filed a complaint with the Delhi Police in December 2022 against Ashneer Grover and five members of his family. Along with Ashneer Grover, the complaint names his wife Madhuri Jain Grover, her brother Shwetank Jain, her father Suresh Jain, and Deepak Gupta. The family is accused of embezzling ₹81.30 crore from BharatPe.
Allegations Against the Family
BharatPe accused Ashneer Grover and his family of committing fraud by making false payments under the names of fake human resource consultants and unnecessary payments to vendors. The company claims that fake invoices were created in the names of several people to siphon off millions of rupees. The Economic Offenses Wing began investigating this case in May 2023, and last month, a person named Amit Kumar Bansal was arrested for misappropriating ₹72 crore between 2019 and 2021. Now, the investigation has reached Ashneer’s family with the arrest of Deepak Gupta.
