Archive · 27 Nov 2025
Employees Accused of Misappropriating Millions in Mumbai
Two separate incidents of employees misusing their positions to steal from their companies in Mumbai.
In the first case, two employees at Eicher Fortpoint allegedly manipulated the company's SAP system to delete records and steal spare parts worth ₹1.36 crore.
They were caught during an audit.
In the second case, two employees at Renaissance Global Limited were accused of stealing diamonds worth ₹3.10 crore.
The company found a shortage during a stock check and filed a police report.
Both cases are under investigation.
Two Eicher Fortpoint employees allegedly misappropriated spare parts worth ₹1.36 crore by manipulating the SAP system.
An audit revealed discrepancies in the inventory, leading to the discovery of the misappropriation.
Two Renaissance Global Limited employees were accused of stealing diamonds worth ₹3.10 crore.
The company found a shortage of 3,108.79 carats of diamonds during a stock check.
Both cases have been reported to the police, and investigations are ongoing.
- Who
- Employees of Eicher Fortpoint and Renaissance Global Limited
- What
- Misappropriation of spare parts and diamonds
- When
- August 2023 and October 2025 (Eicher Fortpoint); Specific date not mentioned (Renaissance Global)
- Where
- Govandi and SEEPZ, MIDC, Andheri (East), Mumbai
- Why
- Alleged misuse of official positions and manipulation of company systems
- Company 1
- Eicher Fortpoint Automotive Pvt. Ltd.
- Location 1
- Govandi, Mumbai
- Amount Misappropriated 1
- ₹1.36 crore
- Company 2
- Renaissance Global Limited
- Location 2
- SEEPZ, MIDC, Andheri (East), Mumbai
- Amount Misappropriated 2
- ₹3.10 crore
- Diamonds Missing
- 3,108.79 carats
