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Arcane

Hey, I'm on Medial • 9m

How were the funds moved under the Gensol Scam? This is the intricate network of related and connected entities which facilitated the complex movement of funds, making the transactions appear legitimate on the surface while enabling significant diversion and personal gain underneath. Entities involved: 1. Capbridge Ventures LLP 2. Wellray Solar Industries Pvt. Ltd. 3. Matrix Gas and Renewable Ltd. 4. Gensol Ventures Pvt. Ltd. 5. Gensol Consultant Pvt. Ltd. 6. GoSolar Ventures Pvt. Ltd. 7. Param Care Pvt. Ltd. 8. Prescinto Technologies Pvt. Ltd. 9. Gensol EV Lease Pvt. Ltd. 10. Blu-Smart Mobility Pvt. Ltd. And yeah, the CENTRE: Go-Auto Pvt. Ltd. Go-Auto acted as the hub to rapidly disperse large amounts through multiple layers involving various related parties. Simple diversion is easier to detect, but using multiple entities and circular transactions creates a web that requires forensic accounting to uncover the money trail.

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