Mumbai police arrested Sunil Gupta for allegedly duping his employer of gold coins worth Rs 5.72 crore by using forged purchase orders and fake documents. The accused had worked at a corporate gifting firm for two years, managing financial transactions and accessing company emails.
Gupta convinced his employer, Naresh Jain, that a pharmaceutical company had placed orders for gold coins as corporate gifts. Acting on this, Jain booked 3.4 kg of gold worth Rs 2.46 crore, handing it to Gupta for delivery. Gupta submitted forged tax invoices and documents claiming the gold was delivered.
Following this, Gupta arranged a second fake order for 3.6 kg of gold coins worth Rs 3.17 crore, which Jain again supplied. When the pharmaceutical firm failed to pay, Jain confronted Gupta, who admitted to misappropriating the gold for personal use and creating bogus invoices.
After confirming that the pharma company had not placed any orders, Jain filed a complaint with Vanrai police. Gupta was arrested and is currently under investigation.
