**Title:** Mumbai Police Uncovers Major Shipping Fraud Involving ALX Shipping
**Meta Description:** Mumbai Police’s EOW has registered a significant shipping fraud case against ALX Shipping and its affiliates, revealing a scam exceeding Rs 18 crore.
**URL Slug:** mumbai-police-shipping-fraud-alx-shipping
**Headline:** Mumbai Police’s Economic Offences Wing Investigates Major Shipping Fraud Involving ALX Shipping Agency
The Mumbai Police’s Economic Offences Wing (EOW) has initiated a significant investigation into a multi-crore shipping fraud involving senior officials from ALX Shipping Agency India Pvt Ltd, a subsidiary of Allcargo Logistics, and Dubai-based Aladdin Express DMCC, along with various other domestic and international entities. This action follows a preliminary inquiry that uncovered an alleged fraud exceeding Rs 18.33 crore.
The First Information Report (FIR), filed at Ghatkopar Police Station and subsequently transferred to the EOW, cites multiple sections of the Indian Penal Code, including BNS Sections 316(2), 316(5), 318(4), and 61(2). The complaint was lodged by Vishal Pankaj Mehta, a 45-year-old Director at Rushabh Sealink and Logistics Pvt Ltd. The alleged fraudulent activities reportedly took place from April 22, 2025, to the present, with the crime’s location identified as Art Guild House in Kurla (West).
Key individuals named in the FIR include Sandeep Bakshi, CEO of ALX Shipping Agencies India Pvt Ltd; Vikas Khan, Director of Aladdin Express DMCC; and Ali Khan, CEO of Aladdin Express DMCC, along with their respective companies. The preliminary investigation has also suggested the potential involvement of international entities such as Hutchison Port and senior officials from the aforementioned companies in the alleged conspiracy.
Investigators revealed that the accused were aware of their substantial outstanding dues, amounting to millions of dollars owed to various port authorities for vessel-related payments. Despite this knowledge, they allegedly collected significant sums from the complainant in dollars on multiple occasions through fraudulent means, diverting these funds for unauthorized purposes and personal gain. As the investigation continues, the total amount involved is expected to increase.
The FIR alleges that the accused issued false and misleading container release orders, enticing the complainant with promises of higher profits. They executed multiple business agreements to build trust, only to later breach these commitments, resulting in a financial loss of Rs 18,33,45,544 for the complainant. Officials anticipate that this figure may rise as the investigation unfolds.
The case encompasses both domestic and foreign companies, with investigators currently tracing the financial trail to ascertain whether funds were transferred abroad and, if so, to which entities and accounts. As the probe deepens, more individuals may come under scrutiny.
The preliminary inquiry commenced on October 1 and concluded this week, leading to the FIR’s registration. The complainant has indicated that the involvement of Hutchison Port officials and others may also emerge as the case progresses. Given the international dimensions of the case, money-laundering investigations may also be initiated.
**FAQ Section:**
**Q: What is the nature of the fraud involving ALX Shipping?**
A: The fraud involves allegations of significant financial misconduct, including the collection of funds under false pretenses and the issuance of misleading container release orders, resulting in substantial financial losses for the complainant.
