BharatPe, a fintech unicorn, has accused former co-founder Ashneer Grover, his wife, and three other family members of an alleged fraud amounting to Rs 81 crore. The Delhi Police’s Economic Offences Wing has filed an FIR against them under multiple sections of the Indian Penal Code, including criminal breach of trust, cheating, forgery, and more. BharatPe’s complaint alleges that the accused caused damages through illegitimate payments, inflated payments, sham transactions, illegal payments, forged invoices, and destruction of evidence. If found guilty, the accused could face imprisonment for up to 10 years or life. BharatPe has been facing a “vicious and malicious campaign” run by Grover against the company, its board, and employees for the last 15 months, according to a statement by BharatPe. The company welcomed the registration of the FIR, saying that it would allow law enforcement agencies to investigate the matter and bring the culprits to justice. The FIR sheds light on various suspicious transactions made by the accused for their personal pecuniary gains, the statement added.
