Cashier steals forex worth Rs 3.87 crore from employer | mumbai | Hindustan Times
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Cashier steals forex worth Rs 3.87 crore from employer

mumbai Updated: Jan 11, 2012 01:52 IST
HT Correspondent
HT Correspondent
Hindustan Times
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A 38-year-old cashier at a foreign exchange financial services company allegedly stole Indian and foreign currency worth Rs 3.87 crore from his employer's office at Mama Parmanand Marg in south Mumbai over a span of 20 days in December last year, the police said. A complaint was filed with the DB Marg police on Monday.

The police said the accused, Dilip Dinkar Deshmukh, a resident of Kanjurmarg, had been working with the company for the past 16 years. The police said the Reserve Bank of India conducted a surprise check at the company on November 30 last year, following which the theft occurred.

"The company's owner said that until November 30, there was no discrepancy in the accounts. However, when they informed the accused of another internal check on December 21, he left office and has not come for work since," said senior inspector Ajit Surve of DB Marg police station.

The police said the company's owner tried to contact the accused on several occasions, but to no avail. On sensing something suspicious, the company initiated an internal check and discovered that there was a deficit of Rs3.87 crore in their accounts.

"The company informed us that Deshmukh had fled with Rs 3,87,79,813, of which Rs65 lakh were in Indian rupees while the remaining amount was in currency from various countries including dollars, pounds, euros, among others," said Surve.

The police said after the internal accounts check conducted by the company culminated, they registered a complaint with the D B Marg police on Monday morning.

"Deshmukh was not found at his Kanjurmarg residence. We have a copy of his picture among other details and should be able to catch him soon," said Surve.