Hunt on for two persons for siphoning off ₹8.9 lakh from finance company in Maharashtra’s Thane

“The accused allegedly collected payments from customers for investment purpose but did not deposit the same in the company’s account,” the official from Bhiwandi Town police station said

“Police have launched a search for two former employees of a finance company in Maharashtra’s Thane district for allegedly misappropriating ₹8.9 lakh of the firm when they worked there,” an official said on Monday (January 13, 2025.)

“Between November 2023 and February 2024, the accused allegedly collected payments from customers for investment purpose but did not deposit the same in the company’s account,” the official from Bhiwandi Town police station said. “When asked to return the money to the company, the two persons fled,” he said.

“Based on a complaint by an official of the company, the police on Saturday (January 11, 2025) registered a First Information Report (FIR) against the two persons on charges of criminal breach of trust and other offences,” the official said. “Efforts were on to nab the two accused,” the police added.

Published - January 13, 2025 11:49 am IST