Mumbai, Dec. 1 -- The Mumbai Police's Economic Offences Wing (EOW) registered a multi-crore fraud case against ALX Shipping Agencies India, a 100 per cent subsidiary of Allcargo Logistics Ltd, along with senior executives of Dubai-based Aladdin Express DMCC.

The FIR, initially registered at Ghatkopar Police Station and later transferred to the EOW, names the CEO of ALX Shipping Agencies India Pvt. Ltd.; Chairman of Aladdin Express DMCC, Dubai; CEO of Aladdin Express DMCC, Dubai; and the companies ALX Shipping Agencies India Pvt. Ltd. (India) and Aladdin Express DMCC (Dubai) as accused.

The FIR alleges cheating, misappropriation, and diversion of funds amounting to Rs 18.33 crore from a Mumbai-based shipping and logistics operator.

Acco...