A resident of Vellore, Tamil Nadu, has been arrested by the Directorate General of GST Intelligence (DGGI), Visakhapatnam Zonal Unit, for orchestrating a ₹230 crore fake invoice scam, leading to a ₹35 crore loss to the government exchequer.

The accused reportedly created 80 shell companies using stolen identities and issued fake invoices to fraudulently claim input tax credits. These invoices, amounting to ₹230 crore, were sent to his own firms without any actual supply of goods or services, enabling him to evade tax liabilities.

Investigations revealed that the shell companies existed only on paper and were used solely to generate fraudulent invoices and claim input tax credits. Search operations conducted across Andhra Pradesh, Karnataka, and Tamil Nadu uncovered the extent of the scam.

The accused was arrested and brought to Visakhapatnam through transit remand. He was presented before the Special Judge at the Economic Offences Court and has been remanded to judicial custody for 13 days. The investigation into the case is ongoing