- Who: Vaibhav Pandya, stepbrother of cricketer Hardik Pandya.
- What: Allegedly duped Hardik and his brother Krunal of nearly Rs 4.25 crore.
- When: Arrested on April 8 by the Mumbai police.
- Why: Flouted an agreement between the brothers and set up his own proprietorship firm in the same business, diverting money from the brothers’ firm to his own.
- How: Allegedly forged signatures of the Pandya brothers on an LLP agreement to increase his profit percentage in the firm without their knowledge.
- Charges: Vaibhav has been charged with cheating, criminal breach of trust, forgery, criminal conspiracy, and criminal intimidation, among other sections of the IPC.
- Legal Action: Sent to police custody till April 12 by the court.
- Investigation: Mumbai police suspect involvement of more people in assisting Vaibhav and are likely to make more arrests once their role in the case is ascertained.
Table Form Data:
| Event | Details |
|---|---|
| Arrest Date | April 8, 2024 |
| Charges | Cheating, criminal breach of trust, forgery, criminal conspiracy, criminal intimidation, etc. |
| Legal Action | Police custody till April 12, 2024 |
| Investigation Status | Ongoing, with suspicions of involvement of more individuals |
| Alleged Fraud Amount | Nearly Rs 4.25 crore |
| Business Involvement | Polymer business firm set up with Pandya brothers in 2021 |
| Method of Fraud | Diverting money from the brothers’ firm to his own, forging signatures |
| Consequence | Threatened with dire consequences upon confrontation |
Leave a Reply