Mumbai News: Khar Police Registers Case Against Former Excel Entertainment Employee Over ₹ 46 Lakh GST Fraud
Published on: Dec. 26, 2025, 10:17 a.m. | Source: Free Press Journal
The Khar police have filed an FIR against former Excel Entertainment employee Bhagwan Kaskar for allegedly misappropriating Rs 46.24 lakh meant for GST payments of CEO Vishal Ramchandani. Between 2018 and 2024, funds transferred via NEFT were mostly not deposited. Kaskar admitted the fraud in writing, repaid only Rs 2 lakh, and the total loss, including penalties, stands at Rs 65.82 lakh.
