Accountant booked for siphoning offRs.10.23 cr from jewellery firm
MUMBAI, May 3 -- An accountant at a Zaveri Bazaar-based jewellery company was booked for cheating his employer after silver jewellery and Rs.10.23 crore in cash went missing from the firm. Officers with the Economic Offences Wing investigating the case said the accountant, Avish Jain, also manipulated records in the company's software system to conceal his misappropriation.
An offence was registered based on a complaint by Abhishek Shah, who runs Nine Silver Jewellery. In 2017, Shah had hired Jain to look after the company's sales and accounts. In 2020, Jain started overseeing the company's software and stock entries as an accountant. Later, Shah discovered several entries had been deleted from transactions in the software system. He also realised losses were shown in business and transactions, whereas the money in question had been transferred to Jain's brother, other relatives and friends.
Shah also found that 146kg of silver and 47kg of fine silver were missing from the records. "The complainant found misappropriation in transactions relating to Vasave Jewellers, Coimbatore valued at Rs.1.85 crore, Mahalaxmi Jewellers, Haryana, valued at Rs.45 lakh, 146kg of silver valued at Rs.4.75 crore, 47kg of silver valued at Rs. 1.17 crore, and from 18 parties around Rs.2 crore," said a police officer. Jain transferred the money to his relatives' and friends' accounts, police said. "We registered a case under BNS sections 316 and 318 against Avish Jain and his brother Alish Jain," said the officer....
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.