Archive · 13 Nov 2025
Hiralba Jadeja Arrested in Rs 129 Crore Shell Firm Scam
Imagine some people pretended to be from a big investment company and convinced someone to send them a lot of money, promising to make it grow fast.
But instead of investing it, they kept the money.
The police found that this money, and a lot more from other people, went through bank accounts that were opened using fake companies.
These fake companies were made using the names of ordinary people, like someone who sells ice pops, to hide who was really getting the money.
The police arrested a woman named Hiralba Jadeja, who is related to a famous local politician known as the 'Godmother,' and her friend for their part in this scheme.
Hiralba is already in jail for other serious charges like abduction and extortion.
This case is part of a larger investigation into how these fake companies were used to move over 129 crore rupees.
Hiralba Jadeja, 'wife' of former MLA Bhura Munja Jadeja, arrested for allegedly cheating a therapist of Rs 31.59 lakh.
The case involves a network of shell companies used for bank transactions worth Rs 129 crore.
The shell companies were allegedly created using the names of individuals with modest means, like a 'gola' vendor.
Hiralba Jadeja is already in jail since May 1, 2025, for alleged abduction and extortion charges.
Investigations by Ahmedabad and Junagadh police uncovered the alleged money laundering scheme involving multiple bank accounts and shell firms.
- Who
- Hiralba Jadeja, 'wife' of former Gujarat MLA Bhura Munja Jadeja, and her alleged accomplice Sachin Mehta.
- What
- Arrested for allegedly cheating an acupressure therapist of Rs 31.59 lakh by impersonating as a Motilal Oswal executive and for involvement in a wider network of shell companies with transactions worth Rs 129 crore.
- When
- Arrested on November 7, 2025. FIR filed in the cheating case on October 26, 2024. Hiralba has been in jail since May 1, 2025.
- Where
- Ahmedabad, Junagadh, and Porbandar in Gujarat.
- Why
- Allegedly to defraud individuals and launder proceeds of crime through shell companies and mule bank accounts.
Accused Hiralba Jadeja
Authorities
Involvement in Fraud
Accused Hiralba Jadeja
Hiralba Jadeja's legal team would likely argue that she is a victim of circumstances or wrongly implicated in these cases, potentially pointing to the limited direct evidence linking her to the core fraudulent activities beyond her alleged association with shell companies and bank accounts.
Authorities
Police allege Hiralba Jadeja, as the 'wife' of a former MLA and sister-in-law of the 'Godmother', was a key figure in a scheme to use shell companies and mule bank accounts to launder proceeds of crime totaling over Rs 129 crore, and defrauded an acupressure therapist of Rs 31.59 lakh.
Role of Shell Companies
Accused Hiralba Jadeja
Defense might suggest that if shell companies were indeed used, Hiralba Jadeja was not the mastermind but perhaps a pawn or was unaware of the extent of their illicit use, especially if the companies were registered in the names of individuals with modest means.
Authorities
Authorities claim shell companies like Vitthal Pulse Commodities were deliberately created using names of individuals like a 'gola' vendor to facilitate fraudulent transactions and conceal the origins of criminal proceeds.
- Hiralba Jadeja's Arrest Date (Motilal Oswal Case)
- November 7, 2025
- Alleged Fraud Amount (Motilal Oswal Case)
- Rs 31.59 lakh
- Total Transactions in Vitthal Pulse Commodities Account
- Rs 129 crore
- FIR Date (Motilal Oswal Case)
- October 26, 2024
- Other Accused
- Sachin Mehta, Naitik Mavani
- Shell Companies Mentioned
- Arham Commodities, Vitthal Pulse Commodities, Bharat Enterprise
- Hiralba Jadeja's Current Status
- In jail since May 1, 2025, in a separate abduction and extortion case.