Guwahati: A 30-year-old man was arrested from West Bengal‘s Siliguri for allegedly defrauding an Assam-based company of more than Rs 11.50 crore through forged Indian Army supply contracts and impersonation of Army officers.
The accused, Harsh Agarwal, was arrested during an inter-state operation by Guwahati’s Panbazar Police following a probe into M/s Global Traders.
According to investigators, Agarwal exploited an existing business connection to gain the firm’s trust before introducing his brother, Ayush Agarwal, as a relative handling Army supply contracts.
The duo allegedly used forged documents, fake military credentials, and falsified financial records to carry out the scam.
Bank transactions, digital records, and intelligence inputs established Agarwal’s direct role in planning and executing the scheme, police said.
Police have frozen over Rs 2 crore across multiple bank accounts linked to the case. Operations are ongoing to track the remaining funds and apprehend co-accused suspects.
The case has been registered at Panbazar Police Station under relevant provisions of the Bharatiya Nyaya Sanhita (BNS) and the Information Technology Act.