US hands over NRI fraud to CBI
The Central Bureau of Investigation (CBI) has secured the extradition of international fraudster Narendra Kumar Rastogi from USA to undergo trial in 13 CBI cases.
A CBI team is expected to reach Mumbai on Friday night with Rastogi from New York. The Rastogi brothers have been accused of cheating the government to the tune of Rs 54 crore.
During 1989 to 1992, the Rastogi brothers had obtained 40 import licenses for importing zinc, zinc oxide, copper sheet, copper foil and brass scrap. Thereafter, the brothers, the CBI alleged, in a criminal conspiracy with custom officials posted at check posts at Indo-Nepal border cheated the government to the tune of Rs 13 crore by falsely showing fulfillment of its export obligations of around Rs 75.74 crore on the basis of forged bills of entries and other customs documents. Seven cases were registered against the brothers at Economic Offences Wing of CBI.