Active Pharm Chemicals Loses Rs 2.17 Crore in API Supply Fraud, 4 Booked

According to the complaint filed by Suresh Jain, proprietor of Active Pharm Chemicals LLP, the accused approached the company between January and June 2025 under the banner of Aviva Life Sciences, Indore. Multiple orders were placed for APIs valued at ₹3.01 crore. The supplier received only ₹84 lakh as part payment. The remaining ₹1.99 crore was issued through cheques that later bounced, leaving the dues unpaid and exposing the supplier to significant financial losses. Police have identified the accused as Rajesh Nair, proprietor of Aviva Life Sciences, along with Vikram Jain and Ashish Jain, who were introduced as purchase managers. A fourth individual, Shivji Tiwari, a Mumbai resident, allegedly assisted in setting up the fake firm to facilitate the fraud.