DIVESH KUMAR

Detail-oriented team player with strong organizational skills. Ability to handle multiple projects simultaneously with a high degree of accuracy.

• Developed and delivered intensive training modules on investigation of Bank Fraud cases and mitigation CBI Academy Ghaziabad, empowering a cohort of 60+ officers to successfully combat fraudulent activities, leading to increase in successful investigation and prosecution rates
• Conducted specialized training workshops on combating corruption cases, utilizing real-world scenarios to enhance investigative abilities of 70+ officers, leading to a 25% increase in successful prosecution rates.

• Nirav Modi Bank Fraud case:- Spearheaded the investigation into a high-profile bank fraud case involving the issuance of 150 fraudulent Letter of Undertakings (LOUs) totalling Rs. 6400 crores were issued in favor of accused company collaborated closely with the chief Investigation Officer to cover all aspects of the case. Scrutinized LOU issuance process to accused companies; identified instances of unauthorized LOUs issued without limit sanction and 110% cash margin requirement in the form of FD. Led an extensive probe into business transactions, exposing a nexus of interconnected companies controlled by the accused directors from India; identified numerous discrepancies and irregularities, including undisclosed affiliations and dubious financial transactions and detected numerous irregularities and suspicious activities. Purchase orders of accused company were fake. Bills of lading and others shipping bills were also faked. Bills related to Custom House Agent (CHA) were also bogus and fake. Records of SWIFT messages in respect of Nostro accounts were not integrated with CBS. Implemented a mandatory rotation policy for sensitive position holders, incorporating compulsory leave and training to maintain operational integrity and reduce vulnerabilities; enforced stringent separation of duties protocols to fortify internal controls and safeguard against misconduct. 2. Bank Fraud case:-The investigation of Bank fraud case was conducted on the allegations that borrower company had availed Fund based Cash Credit (CC) limit from number of consortium banks and PNB is one of the leading bank out of them. Company also availed Vendor Bill Discount facility for its vendors. It is also alleged that borrower company represented false/manipulated financial statements. Sales or revenue was also inflated and finally funds have been used for unrelated purpose and siphoned through sister’s concern companies to main company. Detected false debtors and underreported creditors in borrower company's financial records, uncovering discrepancies that led to a 120% increase in cash credit limit. Uncovered fictitious sales via related party transactions and concealed stock audit reports. Exposed and addressed fraudulent practices related to vendors bill discounting, identifying over half of vendors as non-existent. Examined invoices, purchase orders, and bills of exchange with precision to confirm transaction validity; uncovered and addressed duplicate invoices and questionable purchase orders. 3. Bank fraud case :- The borrower company availed Packing Credit facility along with Cash Credit (CC) facility to export goods related to electronic gadgets to overseas buyer based in foreign country from SBI Bank. The said company also availed discounting facility against the supply of its goods to outside of India. With the passage of time, borrower company did not pay the amount against packing credit facility and also discounting the bills against its exporting order to foreign country. Packing credit/ cash credit facility was obtained from bank on the basis of manipulated books of accounts, by showing inflated sales, fictious sales or revenues through related party transactions etc. Credit ratings of imported company/overseas buyer was not considered by bank while discounting the bills against orders. Purchase order and Bills of exchange were not verified properly by bank. Fake bills related to Bill of lading, Custom House Agent were not verified by bank. Investigation was conducted in respect to above said points and covered following line of investigation: - Through analysis of financial statements/books of accounts/debtors/creditors to find out eligibility of borrower company with regard to Packing Credit/cash Credit facility. Reconciliation of GST returns in respect of sales while obtaining CC limit and custom duty paid by company. Bill of lading is found to fake in respect of supply of goods. Receipts of Custom House Agent was also found to fake. One more important point consumption of electricity bills did not match with the production of goods. Companies which were importing goods found to be companies of relative of main borrower company. 4. Corruption case:- The corruption related cases were also investigated under PC Act, 1988.The case was registered with the allegations of corruption, criminal misconduct, Assets Misappropriation and embezzlement by public servants collusion with private persons/supplier of goods (Machine/computer devices) and services/maintenance to PSU bank. It is further alleged that public servants dishonestly and fraudulently perform his duty by accepting kickback in respect of awarding tender for supplying Computer and electronic devices while revamping infrastructure of IT sector of PSU company. Spearheaded the investigation into corruption charges against public servants and private persons, resulting in uncovering conflicts of interest, assets misappropriation, and criminal misconduct, showcasing a meticulous review of documents and collection of evidence. Coordinated the collection and preservation of digital evidence, including emails, digital transactions, and social media data, to strengthen the case and support findings during the investigation process. Led the interrogation of witnesses and suspects, culminating in the drafting of a comprehensive final report for presentation in the Ld. Court, while also adeptly collecting digital evidence for further substantiation.