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Employees cheat company worth lakhs by diverting clients to their new firm!

 

When you pay well, your employees should be happy. However, if you set up a new firm and siphon off all the business from the company that employed you to the firm that you set up, it becomes a fraudulent activity. And that’s what has happened in HSR Layout recently.

Real estate dealer Pruthvi Raj Batra (57), a resident of Sector 6, is the affected party due to the alleged fraud committed by his employees, Abhishek Gupta (29), a resident of Sector 7, and Himanshu Mitra Agarwal (38), a resident of Iblur.

The complaint states that the two accused were employed with Batra’s Delhi-based firm, Buniyad Retail India’s Bangalore branch. They were in charge of the unit and being given the salary and other benefits by Batra’s firm. However, unknown to Batra, the accused set up their own apartment sales company and transacted all the real estate deals by diverting Batra’s clients to their firm. This way, the complaint alleges that they cheated Batra’s company worth lakhs.

The HSR Layout police have charged the accused for criminal breach of trust and are investigating.

RW News Network

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