Hyderabad, June 16 -- A senior employee of a Hyderabad-based IT and drone services firm has been booked by the Central Crime Station (CCS) police for allegedly defrauding the company by creating fake invoices and siphoning off funds through shell firms.

The accused has been identified as Madan V Golagabathula. He reportedly caused significant financial losses to DigiTele Networks Private Limited, located in Jubilee Hills.

According to a complaint, the accused joined DigiTele in 2014 and held crucial responsibilities in business development, billing, recruitment, and project execution. Over time, he allegedly misused his position to orchestrate a fraudulent scheme for personal benefit.

The complaint states that the accused secretly esta...