The Central Bureau of Investigation has registered a fresh case in connection with alleged large-scale embezzlement of Haryana government funds using fraudulent banking transactions and fake entities, causing an estimated loss of over Rs 550 crore to the exchequer.
According to a release, as per the FIR registered on April 8 by the Economic Offenses Wing-III of the CBI in Delhi, the case has been re-registered after obtaining consent from both the Government of Haryana and the Government of India to extend the jurisdiction of the agency to investigate the case which was originally registered as FIR No. 04 at the State Vigilance and Anti-Corruption Bureau Police Station, Panchkula on February 23, 2026.
The FIR includes several provisions under the Prevention of Corruption Act and several sections of the Indian Justice Code, including criminal breach of trust, forgery, cheating and criminal conspiracy. Officials said the investigation focuses on serious allegations related to systematic misuse of government funds, including fraudulent financial transactions and fictitious transactions.
The investigators have named several organizations allegedly linked to the fraud, including Swastik Desh Project, SRR Planning Gurus Pvt Ltd, Cap Co Fintech Services and R.S. Traders are involved, as well as other related firms and individuals suspected of operating fake accounts to misappropriate public funds.
Inspector Amit Kumar of Panchkula-based State Vigilance and Anti-Corruption Bureau had filed the complaint. It has been told in the release that in the CBI FIR, the accused are currently described as unknown and their identity will be known during the investigation.
The investigation of this case has been handed over to CBI Additional Superintendent of Police Pushpal Paul, who will lead the investigation. Authorities say it is one of the most significant suspected financial scams involving public funds in recent years. Authorities are now expected to trace the entire source of the money by examining bank records, company transactions and the role of individuals associated with designated entities.