The Central Bureau of Investigation (CBI) announced on July 9, 2025, the extradition of Monika Kapoor from the USA, a fugitive involved in a 2002 import-export fraud case. Kapoor, proprietor of M/s Monika Overseas, conspired with her brothers, Rajan Khanna and Rajiv Khanna, to forge export documents in 1998. This enabled them to obtain six Replenishment (Rep.) Licenses for duty-free gold imports valued at Rs 2.36 crore. They subsequently sold these licenses to M/s Deep Exports, Ahmedabad, resulting in a loss of Rs 1.44 crore to the government exchequer. Following an investigation, a charge sheet was filed on March 31, 2004, against the three individuals. While Rajan Khanna and Rajiv Khanna were convicted on December 20, 2017, Monika Kapoor failed to join the investigation and trial, leading to her being declared a proclaimed offender on February 13, 2006. An open non-bailable arrest warrant and a Red Corner Notice were issued against her, with an extradition request sent to US authorities on October 19, 2010. A CBI team traveled to the US to take custody of Kapoor, who will now face trial in India.
Central Bureau of Investigation
Press Releases
09-07-2025
CBI CRACKDOWN ON ECONOMIC OFFENDERS; SUCCEDES IN EXTRADITION OFA FUGITIVE FROM USA IN A 2002 IMPORT-EXPORT FRAUD CASE
Two decades chase of CBI endedtoday, i.e., 09.07.2025 with the successful extradition of Fugitive Ms.Monika Kapoor, who is accused in a 2002 Import-Export fraud and was on run since then, from USA.
Fugitive Monika Kapoor, Prop. Of M/s Monika Overseas in conspiracy with her brothers namely Sh. Rajan Khanna and Sh. Rajiv Khanna forged export documents viz. Shipping Bills, Invoices and Bank Certificates of Export and Realization during the year 1998 and obtained 06 Replenishment (Rep.) Licenses for import of duty-free gold worth Rs2.36 Cr.In furtherance of the criminal conspiracy, they sold the said Rep. Licenses to M/s Deep Exports, Ahmedabad on premium. M/s Deep Exports, Ahmedabad utilized the said licenses and imported duty free gold which caused loss to the Government Exchequer to the extent of Rs1.44 Cr during the year 1998.
On completion of investigation, charge sheet was filed on 31.03.2004 against Monika Kapoor, Rajan Khanna and Rajeev Khanna u/s 120-B r/w 420, 467, 468 and 471 of the IPC. Ld. Chief Metropolitan Magistrate, District Court Saket, New Delhi vide order dated 20.12.2017 had convicted Rajan Khanna and Rajeev Khanna.
Accused Monika Kapoor did not join investigation and trial, she was declared proclaimed offender by the trial court on 13.02.2006. The Ld. Trial Court has also issued open non-bailable warrant of arrest on 26.04.2010 and Red Corner Notice also issued against her. A request for extradition was also sent by CBI on 19.10.2010 to the US Authorities.
Following intense coordination with authorities in the USA, a CBI team travelled to US to take custody of the fugitive. This extradition marks a major breakthrough in the pursuit of justice and reiterates CBI’s commitment to bringing fugitives to face the law in India, irrespective of international boundaries. The CBI team is returning to India with the fugitive. Ms. Monika is being produced before the concerned court and she will now face the trial.
The CBI remains steadfast in its mission to combat economic crimes and will continue to pursue all legal avenues to ensure that the fugitives are brought to justice.
