Home » Dikshant Anand 2 Others Held in Rs 2.5 Cr Fraud Case

Dikshant Anand 2 Others Held in Rs 2.5 Cr Fraud Case

Jammu Crime Branch arrests trio in embezzlement case

by Ananya Mehta

The Jammu and Kashmir Police Crime Branch has arrested three individuals — Dikshant Anand, Narinder Chopra, and Amit Sharma — for their alleged involvement in a multi-crore embezzlement and criminal breach of trust at Jammu Flour Mills.

The arrests were made following a complaint filed by Arun Mahajan, Managing Partner of Jammu Flour Mills, who accused the trio — working as an area salesman, billing clerk, and accountant respectively — of misappropriating between Rs2 crore to Rs2.5 crore.

A forensic audit conducted by a chartered accountant revealed a well-coordinated fraud. According to the Crime Branch, the accused diverted NEFT transactions to unrelated third parties, under-billed cash transactions, and created fake client profiles to route goods and payments. They also reportedly recovered book debts from actual retailers but misappropriated those funds.

Further findings revealed that payments meant for the company were transferred to bank accounts of family members, relatives, and friends of the accused.

Senior Superintendent of Police (Crime), Benam Tosh, confirmed that the allegations were substantiated through investigation, leading to the arrest of the main accused. Interrogations are currently underway to trace the full scope of the fraud and potential involvement of other individuals.

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