Vakola Man Faces ₹2.83 Crore GST Demand After Identity Fraud, Case Registered

Mumbai, April 21: In a shocking case of identity theft and financial fraud, a resident of Vakola, Jeetendra Adsul, has been slapped with a ₹2.83 crore tax demand after his documents were allegedly misused to open a fraudulent bank account and carry out transactions worth ₹13.77 crore. Vakola police have registered a case against an unidentified person in connection with the scam.

The case came to light in November 2022 when Jeetendra’s tax consultant noticed unusual financial activity linked to a bank account associated with his PAN card. The account, under the name “Cultural Traders,” reportedly recorded high-value transactions totalling ₹13.77 crore, which triggered tax demands from the Income Tax and GST departments.

The complaint was officially lodged by Jeetendra’s 21-year-old daughter, Sakshi Jeetendra Adsul, after her father received repeated tax notices. According to police sources, the fraudster used Jeetendra's name and PAN number to open a bank account but attached a different photograph to the documents, thereby escaping initial detection.

Despite repeated attempts by Jeetendra to alert the tax authorities, he reportedly received no assistance. “The departments continued to send him notices till 2025,” a Vakola police officer stated, referring to the ongoing ordeal the family is facing.

On Friday, Vakola police registered a First Information Report (FIR) under multiple sections of the Indian Penal Code, including:

• Section 406 (Criminal breach of trust)

• Section 420 (Cheating)

• Section 465 (Forgery)

• Section 467 (Forgery of valuable security)

• Section 468 (Forgery for purpose of cheating)

• Section 471 (Using a forged document as genuine)

Police are now investigating the origin of the fraudulent account and the identity of the individual behind the scam. They are also examining how the documents were obtained and used to open the account without proper verification.

The case raises serious concerns about identity theft and document misuse, as well as the need for stronger safeguards in banking and tax systems.