Thane, May 12 (PTI) A 60-year-old businessman from Maharashtra's Thane city was allegedly duped of Rs 4.5 crore by a man who carried out transactions through his company and evaded payment of Goods and Services Tax (GST), police said on Monday.

Based on a complaint, the police registered a case under sections 318(4) (cheating), 336 (forgery) and other relevant provisions of the Bharatiya Nyaya Sanhita and IT Act against the accused, identified as Salman, an official said.

Also Read | Rewa Shocker: Man Killed Over Old Enmity in Madhya Pradesh; Accused Post Murder Video on Social Media.

He said the accused offered to purchase the complainant's company in December 2024 and obtained documents of his firm, its GST number and password.

The official said the accused subsequently changed the complainant's login details in the GST file and the email ID and mobile number linked with his GST account.

Also Read | Buddha Purnima 2025 Wishes: PM Narendra Modi Extends Greetings to Citizens, Hails Lord Buddha's Message of Peace.

"With the help of fake and fabricated documents, Salman made business transactions amounting to Rs 25 crore in the name of the victim's company and evaded the payment of GST amounting to Rs 4.5 crore," the official said.

He said a probe is underway, and no arrest has been made.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)