EOW registers fraud case on complaint of EPFO

New Delhi: A case of cheating was registered by Economic Offences Wing (EOW) on the complaint of the Employees' Provident Fund Organisation (EPFO) against a private company and its director for deducting employees share of provident fund contributions and family pension contributions and misappropriating it.

The complainant told police that the company United Technical Consultants private limited is covered under the Employees' Provident Funds & Miscellaneous Provisions Act 1952.

"The employer of the establishment has been a regular defaulter in making payments of employees and employers share of Provident Fund Contributions and Administrative Charges," police said.

Adding further, complainant informed police that the employer has deducted employees share of provident fund contributions and family pension contributions from April 2015 to August 2015 (Two crores forty-one lakh sixty thousand forty-eight only).

These payments were not remitted to the fund as required under para 38 (1) of the Employees Provident Fund Scheme, 1952 within 15 days of the close of every month.

The complainant told police that it is crystal clear that the amount deducted from the wages and salaries of the employees has been misappropriated and converted to their own use. A case has been registered under sections 406, 420 and 120 B of IPC.