Moneyboxx Finance Ltd. Discloses Fraud Incident Involving Ex-Senior Finance Manager

Moneyboxx Finance Ltd. has disclosed a fraud incident involving its former Senior Finance Manager, Mr. Rahul Kumar. Over the past few months, Mr. Kumar was engaged in unauthorized transfers of company funds for personal gain, resulting in misappropriation and a serious breach of trust. The company has taken disciplinary measures, terminated his employment, and initiated legal proceedings against him. The estimated amount involved is approximately 1,13,33,000 Rs. The company has strengthened its internal control mechanisms to prevent future occurrences and ensure the highest standards of corporate governance.