Case 1: Augustine Cyril and Robert Christopher
The Entrustment Document Fraud (EDF)-II Wing of the Central Crime Branch (CCB) apprehended four individuals involved in financial misappropriation in separate incidents in Chennai. During the arrests, authorities seized 412 sovereigns of gold jewelry, Rs 32 lakh in cash, and various electronic devices.
Details of the first case:
Augustine Cyril, employed as a senior accounting specialist at a private accounting firm, manipulated his position by fabricating multiple fraudulent payment requests. Between July 2022 and February 2023, Cyril swindled approximately Rs 5 crore from the company’s clients. He collaborated with his associate, Robin Christopher, to execute this scheme.
Once the authorities received information about their activities, an investigation was initiated, leading to their apprehension. The police recovered 215 sovereigns of gold jewelry, Rs 7.6 lakh in cash, a car, a two-wheeler, a laptop, and two mobile phones as evidence.
Case 2: M Saranya and R Pradeepa
In the second case, M Saranya (32) and R Pradeepa (36) were employed in the accounts department of two companies owned by a pulse merchant. Over a span of ten years, the two women embezzled Rs 2.6 crore from the companies and transferred the funds to their acquaintances’ accounts.
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The irregularity in the accounts was discovered by the owner, who promptly reported the discrepancy to the police. Subsequently, an inquiry was launched, leading to the arrest of Saranya and Pradeepa. As part of the investigation, the police recovered 197 sovereigns of gold jewelry, Rs 27.50 lakh in cash, and three mobile phones from the suspects.