Mumbai: Account Operator Accused of Embezzling ₹47 Lakh from Private Company

Mahim Police have registered a case against a 26-year-old woman, Nazma Ibrahim Qureshi, for allegedly embezzling approximately ₹47 lakh from a private company while working as an account operator. Investigations revealed that she misused her position to transfer company funds into her personal bank account, thereby defrauding the company. The police have confirmed that an inquiry into the case is ongoing.

Businessman Dhruvil Shah, a resident of Worli, owns the company where Qureshi was employed. The firm, which deals in pharmaceutical product distribution, is jointly owned by Shah and his parents. His father holds a 50% stake, while he and his mother have 30% and 20% stakes, respectively. The company procures pharmaceutical products from over 100 suppliers, and its headquarters is located near Shitaladevi Temple in Mahim.

Shah's father oversees office operations, while Shah himself serves as the marketing head, handling product sales, purchase orders, and monitoring the sales team. The company has 27 office staff members, 11 salesmen, and 14 other employees.

Nazma Qureshi was employed as an account operator in the company between 2017 and 2023. Her responsibilities included preparing and verifying supplier cheques and managing the company's banking transactions. She resigned from her job after her wedding was fixed.

Following her departure, the company began facing financial difficulties. Suspecting discrepancies, an audit was initiated, which revealed irregular transactions. Several payments appeared suspicious, prompting a detailed review. The investigation found that multiple payments had been credited to a single bank account, which was later identified as belonging to Qureshi.

Between July 27, 2022, and May 22, 2023, Qureshi allegedly misappropriated ₹47.69 lakh by exploiting her position.

After discovering the fraud, the company summoned Qureshi for an internal inquiry. However, when questioned about the financial transactions, she became visibly nervous and abruptly left without providing any explanation.

Subsequently, Dhruvil Shah lodged a complaint with the Mahim Police. After verifying the allegations, the police registered a case against Qureshi for embezzlement and fraud. Further investigations into the matter are underway.