Archive · 11 Nov 2025
IISc Employees Arrested for ₹80 Lakh Student Travel Fund Fraud
Imagine a school that helps students travel to other countries for learning.
Two people who worked there, but were not full-time employees, took money that was supposed to help students travel.
They changed the school's papers and sent the money to bank accounts belonging to their families instead.
The school found out when they checked their money records.
The police caught the two workers, and they admitted to taking the money.
The school is now trying to make sure this doesn't happen again by watching their money more carefully.
Two outsourced employees of the Indian Institute of Science (IISc) arrested for ₹80 lakh fraud.
Funds were sanctioned for students' foreign travel but allegedly embezzled by the accused.
The accused manipulated financial documents and forged approval orders to divert funds.
The fraud was uncovered during an internal audit by IISc authorities.
An investigation is ongoing to determine if others were involved, and IISc is strengthening financial oversight.
- Who
- V. Soundarya and R. Deepika, two outsourced employees of the Indian Institute of Science (IISc).
- What
- Arrested for allegedly embezzling ₹80 lakh sanctioned for students' foreign travel by manipulating financial documents and diverting funds.
- When
- Arrested following the discovery of irregularities during an internal audit; the timeframe of the fraud is not explicitly stated but came to light recently.
- Where
- Bengaluru, at the Indian Institute of Science (IISc).
- Why
- Allegedly to misappropriate funds meant for student travel advances.
IISc Authorities
Accused Employees
Alleged Role in Fraud
IISc Authorities
IISc authorities allege that V. Soundarya and R. Deepika, outsourced employees, manipulated financial documents, forged approval orders, and changed beneficiary bank details to divert ₹80 lakh meant for student travel.
Accused Employees
The accused allegedly confessed to their role in the embezzlement during interrogation.
Exploitation of Access
IISc Authorities
An internal inquiry report highlighted how the accused exploited their access to sensitive financial systems to misappropriate the funds.
Accused Employees
The article does not provide a direct statement from the accused defending their actions, but their alleged confession implies their involvement.
- Institute
- Indian Institute of Science (IISc)
- Amount Embezzled
- ₹80 lakh
- Purpose of Funds
- Student travel advances
- Accused
- V. Soundarya and R. Deepika (outsourced employees)
- Arresting Agency
- Sadashivanagar police
- Charges
- Cheating, forgery, criminal breach of trust, misuse of public funds