Economic Offences Wing Files FIR Against BharatPe Co-founder Ashneer Grover and Family

The Delhi Police's Economic Offences Wing has registered an FIR against Ashneer Grover and his family members, including his wife, Madhuri Jain Grover, for alleged fraud and forgery. The co-founder of BharatPe faces serious charges, including breach of trust and criminal conspiracy. This news article discusses the implications, legal battles, and reactions surrounding the case, highlighting the significance of the FIR and the potential consequences if convicted.

May 12, 2023 - 06:29
May 12, 2023 - 06:31
Economic Offences Wing Files FIR Against BharatPe Co-founder Ashneer Grover and Family
Ashneer Grover and Madhavi Grover

The Economic Offences Wing (EOW) of the Delhi Police has taken significant action by registering a First Information Report (FIR) against Ashneer Grover, former co-founder of digital payments company BharatPe, his wife Madhuri Jain Grover, family members, and others.The FIR alleges their involvement in a series of crimes, including fraud, forgery, cheating, and breach of trust. 

Under the provisions of eight sections of serious cognizable criminal offences, including criminal breach of trust, cheating, forgery, and criminal conspiracy, the involved parties have been booked. If convicted, Ashneer Grover, Madhuri Jain Grover, and the others could face severe penalties, ranging from 10 years to life imprisonment. The EOW now possesses the authority to arrest all the accused. 

Ashneer Grover, a former judge on Shark Tank India, has firmly denied any wrongdoing. However, this is not the first legal battle Grover has faced recently. Over the past six months, he has been entangled in five lawsuits. In January 2022, allegations of financial irregularities surfaced, leading to a legal dispute with BharatPe. Consequently, Grover was terminated from the company in March last year. 

A spokesperson from BharatPe expressed satisfaction with the EOW's actions, stating, "We welcome the registration of an FIR by the Economic Offences Wing of the Delhi Police in the company's complaint in relation to the criminal offences by Mr. Grover, his wife Madhuri Jain, and family members. The registration of the FIR is a step in the right direction that unearths various suspicious transactions made by the family for their personal pecuniary gains." 

The spokesperson further added, "This FIR will now enable the law enforcement agencies to investigate deeper into the criminality and bring the culprits to book. We have full faith in our country's judicial and law enforcement systems and are optimistic that this case will reach its conclusion." 

With the filing of the FIR, the investigation is expected to gain momentum, shedding light on the alleged fraudulent activities and associated transactions. The case will now proceed through the legal channels, ensuring a thorough examination of the evidence and bringing those responsible to justice. 

About BharatPe: BharatPe is a prominent digital payments company that has been operating in the Indian market. The company has been actively involved in promoting digital transactions and offering innovative solutions to merchants across the country.

Note: This article is purely for informational purposes and does not imply any guilt or conviction. The accused parties are presumed innocent until proven guilty in a court of law.

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