India, March 12 -- A human resources manager in China was caught running an elaborate embezzlement scheme, creating 22 fake employees to steal 16 million yuan ( Rs.18 crore) in salaries and severance payments. The accused, identified by his surname Yang, worked at a labour services company in Shanghai, where he was responsible for managing payroll for workers assigned to a tech firm, reported the South China Morning Post.

Yang discovered that he had sole control over employee placement, with no salary review process in place. Exploiting this loophole, he first created a fictitious employee named Sun and applied for salary payments in his name. Instead of directing the salary to Sun's account, Yang transferred the money to a bank card he ...