Archive · 29 Nov 2025
Security Guard Receives I-T Notice for ₹2.2-Crore Fraudulent Transactions
A security guard named Austin Froes got a scary letter from the tax department saying he owed a lot of money.
But Austin only earns ₹3 lakh a year, so he didn't understand why.
It turned out that someone had stolen his PAN card number and used it to make a fake company.
This fake company did business worth ₹2.2 crore, and the tax department thought Austin was the owner.
Now, the police are trying to catch the bad guys who did this.
Security guard Austin Froes received an income tax notice for ₹2.2 crore transactions he did not make.
Fraudsters allegedly used his PAN card to register a company named Graphical Trading Company in 2019.
The company conducted transactions worth ₹2.2 crore, leading to the tax notice.
Austin's PAN number matched the accused's, but the photographs and signatures were different.
An FIR has been registered against unidentified persons under sections 420 and 467 of the Indian Penal Code.
- Who
- Austin Froes, a 31-year-old security guard from Panvel, Mumbai
- What
- Received an income tax notice for ₹2.2 crore transactions he did not make
- When
- Received the first notice in April, filed a complaint in July
- Where
- Mumbai, India
- Why
- His PAN card was allegedly used by fraudsters to register a company and conduct transactions
- Victim's Name
- Austin Froes
- Victim's Occupation
- Security Guard
- Victim's Annual Salary
- ₹3 lakh
- Fraudulent Transactions Amount
- ₹2.2 crore
- Company Name
- Graphical Trading Company
- Year Company Registered
- 2019
- FIR Sections
- 420 (cheating and dishonesty), 467 (forgery of valuable security, will, etc.)