bengaluru four men who committed tax fraud in separate cases amounting to over rs 200 crore have been arrested over the past few weeks they allegedly raised fake invoices for multinational companies including chinese ones for bogus services worth rs 1000 crore in a few years this is one of the biggest goods and services tax gst frauds busted in the city in recent times by the bengaluru zonal unit of the directorate general of gst intelligence the sleuths raided many places including chinese firms based in mumbai and seized documents related to fake input tax credit itc the computation of total tax fraud is still under waysources with the intelligence wing said delhibased kamlesh mishra raised fake invoices worth rs 500 crore in the name of bogus firms gst fraud bengaluru man colluded with chinese bizmen created fake invoicesmishra floated 23 companies in the names of poor individuals across the country including some in bengaluru who had a pan and aadhaar card he paid them handsomely to use their documents to start companies in their names and created fake invoices for gst worth rs 80 crore said an officermishra showed that he sold products for high profits in his fictional firms and projected a huge turnover helping them obtaining bill discounts and big loans from banks we raided and identified individuals who mishra made as directors in bogus companies and after ascertaining the gst fraud we arrested him the bengaluru officer addedbialadugu krishnaiah a bengalurubased businessman had colluded with some chinese men and created a firm called jump monkey promotions india ltd through the firm krishnaiah issued fake invoices for wellestablished chinese firms across india falsely claiming he had sold goods or services and as a kickback he received rs 53 crore sent by china construction sausam india pvt ltd and quingdao constructions he interacted with them frequently via wechat messaging service and even made cryptocurrency purchases for large sums for chinese persons the intelligence officer saidsleuths recently raided a few chinese firms in mumbai and seized crucial documents after his arrest krishnaiah was moved to bengaluru prison a probe is under way into his money transactions with foreign nationals which are believed to have generated large sums of unaccounted cash for thembengalurubased firm benstar power technologies india pvt ltd was busted for issuing fake invoices to favour various multinational firms in karnataka the kingpin is suresh mehta director of benstar and he was arrested in bengaluru and rs 12 crore was recovered from one multinational company the officer addeda bengaluru scrap dealer identified as haneef mohammed of khwaja enterprises was arrested by sleuths availing fake input tax credit worth crores of rupees a repeat tax offender mohammeds nonexisting supplier links for tax evasion was established sources added