Indian agency seizes ₹15.4 crore in properties linked to GST fraud by Gupta and associates.

The Enforcement Directorate has attached 10 properties in Kolkata and Howrah, valued at ₹15.41 crore, linked to Amit Gupta and associates in a major GST fraud case. The assets were seized under the PMLA following an investigation into a network of 135 shell companies that generated over ₹734 crore in fake input tax credit through fraudulent invoices. The syndicate, allegedly led by Shiva Kumar Deora, Amit Gupta, Sumit Gupta, and Amit Agarwal, earned ₹67 crore in illicit gains, part of which was used to buy properties. The ED found attempts to hide assets by transferring them to relatives. Key suspects were arrested in May 2025 and are in judicial custody. A prosecution complaint has been filed in Ranchi, and a prior attachment of ₹5.29 crore was made in July 2025.