Archive · 29 Jul 2025
Mumbai Accountant Booked For ₹31.77 Lakh Embezzlement
An accountant in Mumbai is in big trouble!
Over five years, he's accused of secretly taking nearly 32 lakh rupees from his company.
He did this by pretending to pay vendors, but the money went into his own bank account.
The company director noticed something was wrong when they saw a suspicious payment and started investigating.
They found out the accountant had been doing this for a long time.
Now, the police are involved, and they are looking into the case to figure out exactly what happened and if the accountant will be charged.
An accountant at Metacaps Engineering Company in Dadar, Mumbai, is accused of embezzling ₹31.77 lakh.
Sunil Ramchandra Kadam allegedly transferred funds to his personal account under the guise of vendor payments.
The fraud occurred over five years, from January 10, 2020, to July 14, 2025.
The accountant reportedly used names of company vendors to divert funds from the company's bank account.
Dadar Police have registered a case against Kadam under sections of the Bharatiya Nyaya Sanhita.
- Who
- Sunil Ramchandra Kadam, an accountant at Metacaps Engineering Company, is accused.
- What
- An accountant is accused of embezzling ₹31.77 lakh from Metacaps Engineering Company.
- When
- The alleged embezzlement occurred between January 10, 2020, and July 14, 2025.
- Where
- The crime took place in Dadar, Mumbai.
- Why
- The accountant allegedly misused his access to the company's finances to transfer funds fraudulently.
- Accused
- Sunil Ramchandra Kadam
- Company
- Metacaps Engineering Company
- Location
- Dadar, Mumbai
- Amount Embezzled
- ₹31.77 lakh
- Time Period
- January 10, 2020 - July 14, 2025
- Bank Account Used
- Bharat Co-op Bank, Powai
- Charges
- Sections 316(4) and 318(2) of the Bharatiya Nyaya Sanhita