The Cuffe Parade police have arrested four employees of a leading solicitor firm, including CFO Chetan Vora, Head Accountant Hina Kapasi, Consultant Tejal Chetan Vora, and driver Papukumar Jha, for allegedly embezzling a substantial amount of money by submitting bogus invoices and fraudulent bills.
The accused, charged with criminal breach of trust, forgery, and cheating under various sections of the Indian Penal Code (IPC), were presented before a local court and remanded to police custody until December 16. Police are also on the lookout for Vora’s wife, identified as a key beneficiary in the scam.
The incident came to light in June 2023, after the firm filed a complaint. A subsequent internal audit, carried out between July and October 2023, revealed unauthorized fund transfers and manipulated financial records dating back to 2020.
According to sources, the CFO and the Head Accountant exploited their access to financial records and bank accounts, diverting funds into both personal and third-party accounts. The investigation has so far uncovered transactions made to 14 different accounts, which were tied to relatives and acquaintances of the accused.
