Fintech unicorn BharatPe’s co-founder and former managing director Ashneer Grover, along with his wife Madhuri Grover and two other family members, have been named in a first information report filed by the Economic Offences Wing. The move comes after BharatPe lodged a complaint against the embattled co-founder.
An FIR has been filed against the parties involved in a case that includes eight counts of serious cognizable criminal offenses. Grover, Madhuri, and their accomplices could potentially face a sentence ranging from 10 years to life imprisonment if found guilty. The EOW has been granted the authority to apprehend all individuals who have been accused.
The Economic Offences Wing of the Delhi Police has registered a FIR in response to the Company’s complaint regarding the alleged criminal offenses committed by Mr. Grover, his wife Madhuri Jain, and other members of their family. The Company has expressed its appreciation for this action.
According to a spokesperson from BharatPe, the Company has been under attack by Grover for the past 15 months. The campaign has been described as vicious and malicious, targeting not only the Company but also its board and employees.
The registration of the FIR marks a positive development, as it has brought to light several questionable transactions made by the family for their own financial benefit. With the filing of this FIR, law enforcement agencies will be able to conduct a more thorough investigation into the criminal activity and hold those responsible accountable for their actions.
The speaker expressed their unwavering trust in the judicial and law enforcement systems of their country and conveyed their optimism that the case at hand will ultimately be resolved in a just and reasonable manner. He added that they will continue to offer all possible cooperation to the authorities.