Archive · 22 Nov 2025
EOW Searches ₹35.7 Crore Fraud Case Companies
The police searched the offices and home of a company director, Dileep Gupta, who is accused of cheating investors out of ₹35.75 crore.
They looked for documents about fake shares, bank transactions, and other evidence.
Some documents given to the court and police didn't match, so they think some evidence might be hidden.
Economic Offence Wing (EOW) conducted searches at DG Minerals and Maa Cimentech offices and residence
Case registered against the director, Dileep Gupta, for allegedly cheating investors of ₹35.75 crore
Investors include Vineet Jain, Lata Jain, and his mother-in-law
Searches aimed to secure documents related to fraudulent share allotments, fake valuations, and bank transactions
Contradictions found between documents presented in court and information given to police
- Who
- Dileep Gupta (director), Vineet Jain, Lata Jain, and his mother-in-law (investors)
- What
- Conducted searches for evidence in a ₹35.75 crore fraud case
- When
- Friday (date not specified)
- Where
- DG Minerals and Maa Cimentech offices and Dileep Gupta's residence in Bhopal
- Why
- To secure documents related to the alleged fraud
- Fraud Amount
- ₹35.75 crore
- Accused
- Dileep Gupta, director of DG Minerals and Maa Cimentech
- Investors Cheated
- Vineet Jain, Lata Jain, and his mother-in-law
- Search Locations
- DG Minerals and Maa Cimentech offices, Dileep Gupta's residence
- Evidence Sought
- Documents related to fraudulent share allotments, fake valuations, bank transactions, digital evidence
