Cheated investors demand CBI probe against VPVV Techno for fake US weapon export deal

Investors cheated by the Delhi-headquartered firm VPVV Techno Construction Private Limited have approached the Kerala High Court to demand a Central Bureau of Investigation (CBI) probe. They also lodged a complaint with the Delhi Police Commissioner. According to reports, the company allegedly defrauded investors of over Rs.700 crore by fabricating documents related to a massive weapon export deal with the United States.

Investigators and reports stated that the Nagpur-registered firm, operating across multiple states, showed fake US contracts to export weapons to the US Army and Navy. The accused allegedly created fake paperwork concerning an Indo-US trade agreement, an 'Indo-US Pacific Peace Treaty', and orders signed by the US President. The Embassy of India in Washington confirmed through an RTI reply that no such deal exists between India and the US.

Kerala Police registered four FIRs and arrested several promoters, including Venkita Venkat, Aqeel Ahammed, and Rajan Malik, though some later secured bail from the Kerala High Court. Another promoter, Dhanush Pandey, has been accused of using fake identity documents to secure bail. Police and investors have also implicated other directors—such as Hitesh Kumar, Rahul Rajeev Nair, Rajan Pradeep Kumar Prabhakaran, and Vinod Rama Warrier Kumar—operating through a network of shell companies.

Not yet reported: The articles do not mention the final total number of individual investors affected or the final outcomes of the pending court proceedings.