Business Update12 May 2025, 04:54 pm
Calcom Vision Ltd Employee Siphons Off Rs. 2,31,51,412: Forensic Audit Report
AI Summary
Calcom Vision Ltd, a company with CIN: L92111DL1985PLC021095, has released its final report on fraud committed by a former employee, Mr. Ashutosh Dubey. The Forensic Audit Report by M/s Shanti Prashad & Co. revealed that Mr. Dubey had fraudulently withdrawn Rs. 2,31,51,412 from the company. The company has taken corrective measures, including legal action, appointing a new internal auditor, and establishing new payment policies. So far, the company has recovered Rs. 42,53,969.
Key Highlights
- Calcom Vision Ltd former employee, Mr. Ashutosh Dubey, found guilty of fraudulent activities.
- Mr. Dubey siphoned off Rs. 2,31,51,412 from the company according to the Forensic Audit Report.
- Company has taken corrective measures, including legal action and appointing a new internal auditor.
- So far, the company has successfully recovered Rs. 42,53,969 from the fraudulent activities.
- New payment policies and stricter compliance measures have been implemented to prevent future breaches.