Archive · 17 Sep 2025
Gameskraft Ex-CFO Allegedly Diverted ₹250 Crore for Trading
Gameskraft, a gaming company, is dealing with the fallout of alleged financial misconduct by its former CFO, Ramesh Prabhu.
Prabhu is accused of diverting around ₹250 crore of company funds for personal investments in the stock market.
He reportedly concealed these transactions by manipulating financial records.
Gameskraft filed a police report against Prabhu.
The company had to write off a significant amount of money in its financial statements.
The investigation is ongoing, and the company is working with authorities to address the issue.
The company is also taking steps to strengthen its internal controls.
Gameskraft's former CFO, Ramesh Prabhu, is accused of diverting approximately ₹250 crore.
Prabhu admitted wrongdoing in an email to management on March 5.
He used company funds for unauthorized futures and options (F&O) trading.
Gameskraft filed an FIR against Prabhu on September 9, 2025.
The company had to write off ₹270.43 crore in its financial statement.
- Who
- Ramesh Prabhu, former CFO of Gameskraft
- What
- Allegedly diverted approximately ₹250 crore from Gameskraft for personal F&O trading.
- When
- Between FY2019-20 and FY2024-25
- Where
- Bengaluru, India
- Why
- Prabhu allegedly used company funds for unauthorized personal trading.
Gameskraft
Ramesh Prabhu (if available)
Use of funds
Gameskraft
Funds were used for unauthorized personal investment in F&O trading.
Ramesh Prabhu (if available)
N/A
Financial Records
Gameskraft
Ramesh Prabhu manipulated financial records to hide the fund diversion.
Ramesh Prabhu (if available)
N/A
- Company
- Gameskraft
- Former CFO
- Ramesh Prabhu
- Financial Loss
- ₹250 crore (approx.)
- Allegation
- Fund diversion for unauthorized trading
- Investment Type
- Futures and Options (F&O)
- FIR Filed
- September 9, 2025
- Charges
- Criminal breach of trust, cheating, forgery, etc.
- Financial Impact FY25
- ₹270.43 crore write-off
Sources
Gameskraft CFO Ramesh Prabhu diverted company firms to personal F&O trading, lost Rs 250 crore: Report
Who is Ramesh Prabhu? Ex-CFO confesses to diverting Gameskraft funds to F&O trading, lost Rs 250 cr
Gameskraft former CFO allegedly siphoned company money for personal trades, causing ₹250 crore hit
Ex-Gameskraft CFO used company funds for F&O trading, caused Rs 250 crore loss: FIR
Gameskraft CFO absconding after losing Rs 250 crores of company funds in F&O trading from personal account, company files FIR
Online Gaming Company CFO Siphons Off Rs 250 Crores, Invests In F&O But Ends Up With...
Gameskraft former CFO allegedly siphoned company money for personal trades, causing ₹250 crore hit
Who is Ramesh Prabhu? Gameskraft ex-CFO accused of siphoning funds over ₹270 crore in 5 years
Gameskraft Accuses Ex-CFO Of Syphoning Off Company Funds
