Restaurant Manager Accused of Embezzling ₹35 Lakh Over Six Years

Strategic Insights -

A manager at one of several restaurants owned by an individual in Baramati, a city in Pune, India, has been accused of embezzling ₹35 lakh (approximately ₹34 lakh after correct amount) over a period of six years. The manager allegedly recorded bogus customers in the register and marked their bills as unpaid, leading to an audit that revealed the fraud. The accused confessed to the embezzlement and promised to repay the amount by selling land he had purchased in the Baramati area.

Key Takeaways:

  • The manager at a restaurant in Baramati, Pune, was accused of embezzling ₹35 lakh over six years through misappropriation of funds.
  • The accused allegedly recorded bogus customers in the register and marked their bills as unpaid, which led to an audit revealing the fraud.
  • The owner had asked the manager to furnish the registers from 2018, but the manager claimed they were misplaced.
  • The chartered accountant conducting the audit found that the manager had misappropriated ₹34 lakh over six years.
  • The accused confessed to the embezzlement and admitted to having purchased land in Baramati area for ₹24 lakh and promised to repay the embezzled money by selling it.

Statistics:

  • ₹35 lakh (approximately ₹34 lakh after correct amount) was embezzled by the manager over six years.
  • ₹24 lakh was spent by the accused on purchasing land in the Baramati area.
  • ₹34 lakh was misappropriated from the restaurant's funds over six years, as per the audit conducted by the chartered accountant.

Sources:

  • "The Baramati City police are on the lookout for a restaurant manager accused of duping his employer of Rs35 lakh through misappropriation of funds of more than six years." ↵[1]
  • "He found that in these six years, the manager had misappropriated Rs34 lakh," the officer added. ↵[1]
  • "He also confessed to having purchased land in Baramati area for Rs24 lakh and promised to repay the embezzled money by selling it, the police said." ↵[1]

References:

[1] TIMES NEWS NETWORK EMBEZZLEMENT CASEPune: The Baramati City police are on the lookout for a restaurant manager accused of duping his employer of Rs35 lakh through misappropriation of funds of more than six years.