Excelsior Correspondent
JAMMU, Mar 11: The Crime Branch (CB) has registered a case against the top executive of a Katra-based company for his involvement in a multi-crore fraud that has duped several businessmen of nearly Rs 25 crore.
A Crime Branch official said the case was filed after a written complaint was lodged by one Ravinder Kumar Gupta, Manager at Hind Agro Foods, Jammu.
In his complaint, he said, Gupta accused Rajeshwar Sabarwal, a resident of Jammu, of cheating him and misappropriating products worth approximately Rs 4.3 crore.
Sabarwal allegedly deceived Gupta by promising to supply rice and pulses to the Army, but after receiving the goods, he stopped making payments, he said.
Quoting the complaint, the Crime Branch official said, Sabarwal used a similar scheme with several other businessmen, fraudulently obtaining products worth Rs 20-25 crore and making partial payments to gain their trust, only to later default on the payments.
Gupta’s firm, Hind Agro Foods, deals with the sorting and packing of rice, pulses, and other food items, he said.
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“Sabarwal, who was introduced to Gupta by a transporter named Bharat Bhushan Gupta, claimed he was responsible for Army supplies through his wife’s company, M/S AK Traders, based in Katra,” the CB official said.
According to him, Sabarwal had promised to pay within 15 days for the products supplied, but he only made a partial payment, leaving a significant balance unpaid.
Accordingly, the Crime Branch official said, the Crime Branch has registered a case FIR number 14/2025 at the Police Station Crime Branch EOW Jammu.
SSP Crime Jammu, Benam Tosh, confirmed the registration of an FIR, claiming the investigation is ongoing, and more victims are coming forward with complaints.
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