The Economic Offences Wing (EOW) Police of Cyberabad arrested two persons on Saturday for allegedly embezzling Rs 4.15 crore.
The complainant Mohammed Irshad Hussain complained that the authorised representative of Isthara Parks Private Limited, offered rental homes known as co-living properties in Hyderabad, along with 16 other cities across India.
The complaint mentioned that the accused siphoned off the money from the company. The alleged accused were working in different locations and had placed a forged QR code of their own, instead of the Company’s at the locations and obtained the money from our customer into their bank accounts instead of the company’s bank account. By doing so, they diverted payments from company customers to their personal bank accounts. As a result, the company incurred a loss of Rs 4,15,00,000.
The suspects are Pullakanti Mallesh, Yesireddy Ramakrishna, Yeshireddy Anilkumar, Mandala Rajkumar, Ellasagaram Sampath kumar, Nagavelli Prem kumar, Beenaveni Shekar, Korvi Haribabu, Vodela Shiva prasad, H R Gautam, Gummidelli Mahesh kumar, Jannu Rambabu, Sahida khatun, Samudharala Vamshi, Vallabhaneni Karthik, Sushma yeireddy, Nagini, Bhoothala Lahari, Pullakanti Anita, Mandala Anitha and Beenaveni Rajeshwari.
