Hyderabadi arrested in ₹264 crore fake ITC scam

16 May 2026via The Times of IndiaSource

English हिंदी తెలుగు தமிழ்ಕನ್ನಡ मराठी বাংলা ગુજરાતી

Hyderabadi arrested in ₹264 crore fake ITC scam — A man was arrested in Andhra Pradesh for allegedly creating fake ITC claims worth ₹264 crore. The scam involved fraudulent GST invoices to claim illegitimate tax credits. Authorities are investigating the network behind the scheme.

📊 STOCKS: | 🏢 SECTOR: Legal | #HIGHIMPACT #Fraud

#Fraud#Scam#ITC#AP#Hyderabad

⚠️ This brief is AI-generated from public news sources for informational purposes only. Not investment advice. Always consult a SEBI-registered advisor before trading.

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