Crime Branch arrests three accused in multi-core embezzlement case
13/06/2025
JAMMU, Jun 12: The Jammu Crime Branch has arrested three employees of M/S Jammu Flour Mills, the main accused for multi-crore embezzlement and criminal breach of trust.
The Crime Branch spokesman here on Thursday said that the arrested accused were identified as Dikshant Anand of Rehambal, Udhampur, Narinder Chopra of Lakhdata Bazar, Jammu, and Amit Sharma of Preet Nagar, Jammu.
An FIR was lodged on the written complaint of Arun Mahajan, Managing Partner, M/S Jammu Flour Mills, Gangyal, Jammu wherein he alleged that three employees of Jammu Flour Mills who had been functioning as Area Salesman, Billing clerk and Accountant, committed criminal breach of trust and embezzlement of Rs. 2 crore to Rs. 2.50 Crore by resorting to a well-planned criminal conspiracy.
The complainant conducted a comprehensive audit of the accounts of the Flour Mills by the Chartered Accountant, and in the audit so conducted, startling revelations, including the unique modus operandi adopted by the accused persons, came to the fore.
The accused used to divert the NEFT transactions to unrelated parties, and for cash transactions, they did under-billing and embezzled huge amounts. The accused created fake parties and sold goods to multiple retailers under fake names, he added, and said, "Even book debts from various parties to whom the goods had been supplied by Jammu Flour Mills had been recovered and misappropriated by the accused persons."
The audit further uncovered that payments of Jammu Flour Mills were transferred by the accused to bank accounts of their family members, relatives, and friends, he said.
Senior Superintendent of Police, Crime Jammu, Benam Tosh confirmed that the three main accused allegedly involved in a multi-crore embezzlement case have been arrested after allegations were substantiated and proved against them, and interrogation is underway.
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