Vaibhav Pandya, the stepbrother of cricket brothers Hardik Pandya and Krunal Pandya, who was arrested final week for duping the Pandya brothers of Rs 4.25 crore, had additionally morphed photographs and movies of the Pandya brothers to threaten them. Vaibhav had allegedly threatened to tarnish their popularity when considered one of them had confronted him over irregularities of their partnership agency, a probe has revealed.
Vaibhav was arrested by officials of Mumbai police’s Economic Offences Wing (EOW) on April 8. On Friday, Vaibhav was produced earlier than the courtroom and was remanded to police custody until April 16.
Based on the EOW, the Pandya brothers and Vaibhav had arrange a polymer enterprise agency in 2021 and the latter was to take care of each day operations. Vaibhav breached the phrases of the settlement and arrange his personal proprietorship agency in the identical enterprise (in another particular person’s identify) protecting the 2 brothers at midnight, EOW officers stated.
“Later, Vaibhav allegedly diverted cash from the LLP (restricted legal responsibility partnership) agency to his personal agency. Progressively the revenue within the partnership agency dropped.
Moreover, in extra to his due share, Vaibhav additionally allegedly fraudulently elevated his revenue proportion (from 20% to 33.4%) within the agency with out letting the 2 brothers know. Due to this, the Pandya brothers’ 40-40% revenue proportion dropped to 33.3% every. For this, Vaibhav allegedly solid signatures of the Pandya brothers on the agency’s settlement,” an EOW officer stated.
When Vaibhav was confronted about these irregularities, he allegedly threatened one of many brothers with dire penalties. He threatened to tarnish their picture utilizing morphed photographs and movies, the EOW’s investigation revealed.
Police searched Vaibhav’s home and seized his cell phone, laptop computer and iPad. The devices have been being despatched to the forensic lab for examination and to retrieve the morphed content material.
When EOW requested Vaibhav about these irregularities, he claimed that modifications within the supplementary settlement was a results of a mistake by a chartered accountant firm. To verify the veracity of his claims, the EOW will search particulars from the chartered accountant firm, an EOW supply stated.