SFRI India management booked over alleged ₹2.8 crore financial fraud
HYDERABAD: A criminal complaint alleging financial fraud and breach of trust has been re-registered against the management of SFRI India Pvt. Ltd., including its managing director Rohit Singh, following allegations of financial irregularities involving more than ₹2.8 crore.
According to the complaint filed by Rajeev Sindhi, his company was allegedly persuaded to invest the money on the promise of an exclusive partnership with SFRI India. The complainant alleged that disputes subsequently arose over payments, supplies and the implementation of the business arrangement.
Complaint raises allegations over equipment invoices and deliveries
The complainant alleged that the company was induced to make payments in connection with the business arrangement and issued unauthorised invoices for medical equipment. The complainant alleged that some invoices were raised without corresponding deliveries to its office, while certain equipment was dispatched to other locations, allegedly without its consent.
The complainant has sought recovery of more than ₹3.07 crore, according to the FIR. The amount includes the alleged investment and other financial losses claimed by the complainant.
Case transferred to Economic Offences Wing
The case was officially re-registered in September 2026 and transferred to the Economic Offences Wing (EOW) in Hyderabad for further investigation.
The complainant has also sought a travel ban against Rohit Singh, who is named as an accused in the FIR.
The case was re-registered as Cr.No.225/2026 under Section 318(4) of the Bharatiya Nyaya Sanhita (BNS) and entrusted to EOW Team-III for further investigation.
The allegations referred to in this report are based on the complaint recorded in the FIR and are subject to investigation. Registration of an FIR does not establish the guilt of the persons named in it, and the allegations have not been proved or adjudicated by a court.
