Gurgaon: The police team investigated the 125-crore RS contract fraud allegedly regulated by a BSF Deputy Commander during his department on the NSG campus in Manesar last year was trying to track several accounts where the money was parked.
Police scan an account not only Praveen Yadav, Deputy Commander of BSF, but also from his relatives.
Along with Yadav, his wife, sisters and property dealers have been arrested so far.
Yadav’s brother-in-law, an ITBP commander assistant deployed at NSG, was in the process.
On Monday, a city court was extended by two days the police returned from Yadav’s wife, sister and property dealers.
Yadav already in police custody six days.
Police said Yadav had created a checking account at a bank that had a branch on the NSG campus.
The money collected from fraud was stored there at first.
From there, the amount was transferred to the company’s account Yadav and his relatives had floated.
The money was first transferred in small quantities to various other accounts.
From Crore Rs 125 allegedly collected through fraud, the police so far recovered Rs 13.8 Crore Cash, jewelry is estimated to be worth Rs 1 Crore and around Rs 2 Crore on the defendant account.
Apart from this, the police have identified the property worth RS 12 Crore who have been purchased by Jadav and 10 luxury cars.
However, a large amount of money is left traced.
“Our priority is tracking money and restoring as much as possible,” said ACP (crime) Preet Sangwan.
He added that through all documents and bank details is a time-consuming process.
Officers from the wing of economic violations, the crime unit and the Manbar police station were in work.
Yadav has arranged the fraud of Rs 125 Crore by giving a tender for projects on the NSG campus which is not at all.
Contract Fraud: Police Started the Line ₹ 125CR
