The Central Bureau of Investigation (CBI) has registered a case after discreet checking of a complaint revealed that between 2016 and 2019, officials of the Employees Provident Fund Organisation (EPFO), Aurangabad, in cahoots with an accountant at the Maharashtra State Cooperative Cotton Growers Marketing Federation Ltd (MSCCGMFL), approved fraudulent claims in the names of employees of the federation.
According to the CBI, the action of the suspects caused wrongful loss to the EPFO to the tune of Rs 73.97 lakh in respect of 359 bogus claims and corresponding gain to themselves. The complaint was received from the Regional Provident Fund Commissioner (Vigilance), EPFO.
The federation is an undertaking of the Government of Maharashtra’s Textiles Ministry established to procure cotton from growers. It has a zonal office at Aurangabad and the pension accounts of its employees are registered with the EPFO, Aurangabad. The EPFO had come up with the Employees Family Pension Scheme (EFPS) in 1971. It subsequently came up with the Employee Pension Scheme (EPS) in 1995.
The EFPS offers a withdrawal benefit (of the amount to the member’s credit) and a survival benefit to the next of kin of a deceased member. Under the EPS, apart from the benefits under the EPFS, the benefit of a pension is also available...
A Huntington Park-based medical practice and its physician have agreed to pay more than $6.73 million to resolve allegations that they violated the False Claims Act by submitting false claims for ...