The manager of a factory outlet was arrested for theft of funds | Gurgaon News
The store manager disappeared when the matter came to the attention of company officials, police said.
Neeraj Saini, the manager of Red Tape store at Sadar Bazaar, allegedly embezzled around Rs 1 lakh from the shop and also took several items over a period of time from the shop for his personal use. The matter came to light when the company checked the inventory and items available in the store and the total sale as part of the routine exercise.
During the audit, there was a discrepancy between the inventory available at the points of sale and the items that had been sold. In addition, there has also been embezzlement, officials said.
The company opened an internal investigation and discovered the involvement of its store manager. Afraid of being caught, the suspect disappeared.
Red Tape’s Komal Miglani said the store manager committed fraud of Rs 1 lakh and took some items from the store for his personal use. Based on the complaint, a case was filed under Section 408 (criminal breach of trust by an employee) of the IPC at the city police station.