Hardik Pandya’s Step-Brother Vaibha Arrested For Fraud, For Allegedly Cheating Pandya Brothers Out of Rs. 4 Crore!
Hardik Pandya led Mumbai Indians to their first win in IPL 2024. After a tumultuous begin to the event and dealing with backlash, Pandya lastly acquired a second to breathe earlier than the viral information of his stepbrother Vaibhav began making the information. It was reported that Hardik and Krunal’s stepbrother Vaibhav had been arrested on fees of forgery and fraud, allegedly duping the brothers of Rs.4.3 crore.
Hardik and Krunal, who’re each identified for his or her hovering cricket careers, have additionally began different companies. The reason for Vaibhav’s arrest stems from one such enterprise that the brothers began collectively.
Vaibhav Pandya, the stepbrother of Mumbai Indians captain Hardik Pandya, was taken into custody by the Mumbai police’s Financial Offence Wing on suspicion of defrauding the Pandya brothers of greater than ₹4 crore in enterprise, in keeping with information company ANI.
Mumbai Police allege that Vaibhav misappropriated roughly ₹4 crore from the joint agency, inflicting Hardik Pandya and his brother Krunal Pandya to lose cash. On April 10, Vaibhav was arrested and charged with fraud and forgery by officers from the EOW wing.
Hardik, Krunal, and Vaibhav had chosen to ascertain a polymer firm in 2021. In accordance with the partnership settlement, every of the Pandya brothers put 40% of their cash into the enterprise, with Vaibhav including an extra 20%. The settlement additionally mentioned that any cash made can be break up equally. Nonetheless, Vaibhav violated the deal by creating one other agency in the identical commerce with out alerting the Pandya brothers. In accordance with a supply, the unique partnership’s earnings declined over this time, leading to a Rs.3 crore loss.
The arrest stories have arrived weirdly; Mumbai Indians are set to play in opposition to RCB within the IPL match at present. All eyes shall be on Hardik Pandya and Mumbai Indians to see if they will win their second match.
Keep tuned to Koimoi for updates!
Should Learn: MS Dhoni By no means Matched The Peak IPL Wage Of Virat Kohli, With His Highest Being 15 Crores
Observe Us: Fb | Instagram | Twitter | Youtube | Google Information
