Mumbai: A shocking case of financial fraud has come to light in Mumbai’s Pantnagar area, where the chief accountant of a private company allegedly embezzled ₹21.73 lakh through forged documents, fraudulent transactions and false claims.
The complaint was filed by the company’s director, Rajendra Baburao Dalvi, 51, who alleged that the accused accountant, identified as Madhuri Sandeep Khare, siphoned off funds under the pretext of fake ledger bills, PF challans, and society maintenance expenses.
According to Pantnagar Police, the accused Khare had been working with the company since 2014 and had been systematically misappropriating funds over a period of time. The fraud came to light only after the company initiated an internal audit following suspicions of irregularities.
Preliminary investigation revealed that, Between November 2021 to November 2024, Khare allegedly committed fraud amounting to a total of Rs 21.73 Lakh by generating and submitted fake ledger bills, bogus PF challans, E-way bills, society maintenance receipts, and fabricated books of accounts, manipulate the company’s financial records and diverted the funds for personal use.
She is also suspected of tampering with several other financial documents. In his complaint to the police, Dalvi mentioned that the total amount of the fraud may increase as further discrepancies are uncovered. Police are also probing whether other employees were involved in the scam.
An FIR has been registered under relevant sections of the Bhartiy Nyay Sanhita (BNS) related to fraud and forgery, and further investigation is underway. Authorities are examining financial documents and questioning the accused to uncover the full extent of the fraud.
