Luthra Brothers Fraud Investigation: After the Goa nightclub incident, investigation revealed that Luthra Brothers are associated with 42 companies, many of which appear to be shell companies existing only on paper. The claims of the international outlet in Phuket were also found to be fake.
Goa Fire Luthra Brothers Scam: After the Birch by Romeo Lane accident in Goa, when the investigating agencies started examining the documents, a shocking revelation came to light. 42 companies were found registered at a single address in North Delhi. In all of these, directorship or partnership of Luthra Brothers is recorded in some way or the other. No real operation of many companies has been found. Neither any staff, nor customer reviews, nor verified office address were found in these. Due to which the possibility of money laundering, layering and anonymous transactions has been raised.
Why did the suspicion of scam deepen on Luthra Brothers?
According to the documents, many companies are limited to just name and registration. Marketing campaigns of many enterprises claim that they have an outlet in Phuket (Thailand), but investigation found no evidence. Neither any photo, nor reviews, nor verified location has been found. These patterns indicate shell companies and fake business models, which are used for tax evasion and black money movement.
Which companies are included in the suspicious list?
According to the documents, the companies that have been placed under investigation include OSRJ Food and Entertainment Pvt Ltd, Being GS Hospitality Pvt Ltd, Being FS Pacific Hospitality Pvt Ltd, Being Life Hospitality Pvt Ltd, Being Bharat Hospitality Pvt Ltd and Virtue Food and Beverages Pvt Ltd. In all these companies, either the operations are not visible or their business model is considered questionable.
Luthra Brothers detained in Thailand
News was received on Thursday morning that Saurabh and Gaurav Luthra were detained in Phuket (Thailand). The two brothers had fled India just 5 hours after the fire by taking an Indigo flight from Delhi. According to sources, a team of Goa Police will soon leave for Thailand and both will be brought to India so that the investigation of the case can proceed.
Goa fire case not just an accident, a big financial scam?
The investigating agencies are now trying to find out whether these companies were used for money laundering? Was tax evasion done by creating fake international presence in Phuket? Were funds circulated through these shell companies? Considering the seriousness of the matter, many agencies may get involved in this case.