DELHI Police Economic Offences Wing (EOW) has arrested a family member of BharatPe co-founder Ashneer Grover in connection with the alleged misappropriation of funds with the fintech company, police officials said on Friday. Deepak Gupta, who is a brother-in-law of Grover, was arrested on Friday, they said. Gupta was named in the FIR which was registered against Grover, his wife Madhuri Jain and their family member in May 2023 in the Rs 81-crore fraud case, an officer said, adding that Gupta is being interrogated.

 

Gupta’s arrest is the second arrest in this case so far, officials said. In August this year, the EOW had arrested Amit Kumar Bansal, who was one of the members of the non-existing firms that had received payments of Rs 72 crore from the then directors of BharatPe between 2019 and 2021. BharatPe has accused Grovers of causing losses to the firm of about Rs 81.3 crore through illegitimate payments, undue payments through pass-through vendors connected to the accused, sham transactions in input-tax credit and payment of penalty to GST authorities, forged invoices and destruction of evidence.