# Hyderabad CA booked for Rs 465 crore foreign remittance fraud 2026-08-23T20:31:36+00:00 | Governance | Indian Opinion Desk Corroboration: 2 independent outlets Hyderabad's Central Crime Station has booked chartered accountant Hari Shankar Reddy Renati and others for allegedly facilitating unauthorised outward foreign remittances of Rs 464.8 crore through two shell entities. The case was registered on August 22 following a complaint from the Income Tax department. The alleged transactions occurred during FY 2021-22 and 2022-23. The FIR states that Renati issued multiple Form 15CB certificates, a tax determination document required for remittances over Rs 5 lakh, for Clickwin Techno Solutions LLP (Pune) and Stockpile Softech Solutions Pvt Ltd (Visakhapatnam) without verifying their books or supporting documents. Physical checks found Stockpile's registered address occupied by another firm for five years. The certificates were used by banks to process the remittances. The Income Tax wing had searched Renati's premises on August 18, during which he reportedly said he had not verified the entities' books before issuing certificates. The case has been filed under IPC sections 420, 193, and 197. ## Indian Opinion Analysis Both Times of India and Siasat report the same FIR details without editorial framing. The coverage is uniform straight reporting: each lists the accused, the shell entities, the Rs 464.8 crore figure, and the procedural steps from IT search to CCS registration. The only narrative difference is placement, Times of India leads with the CA's booking, while Siasat front-ends the fraud amount. Neither outlet adds context on how Form 15CB certification typically works or whether such shell-entity remittances point to a wider enforcement gap. The measured takeaway: a well-documented case built on a search and physical verification of addresses, with banks as potential intermediaries who relied on the certificates. The next concrete step to watch is whether the Enforcement Directorate takes up a money-laundering angle given the foreign remittance trail. ## Coverage Coverage: 2 sources, 2 neutral - timesofindia.indiatimes.com (neutral report) Leads with the CA being booked rather than the fraud amount, no framing beyond wire copy - siasat.com (neutral report) Leads with the fraud figure, otherwise identical neutral wire copy This story was synthesised by AI from the 2 sources linked above. Updated: this story now draws on 2 sources. Last updated 2026-08-24T07:49:33+00:00. Tags: Form 15CB, Hari Shankar Reddy Renati, Hyderabad Central Crime Station, income tax department Canonical: https://indianopinion.org/ca-booked-for-rs-465-crore-foreign-remittance-fraud-via-shell-firms/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/ca-booked-for-rs-465-crore-foreign-remittance-fraud-via-shell-firms/#story-in-brief How this brief was made: an AI model read the reports linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. Stance labels are editorial classifications of how each outlet framed this story, assigned by the same model, not ratings of the outlets. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/