Nagpur computer shop B Algo’s owner duped of Rs 83 lakh by accountant

Amar Ashok Jajoo | Nov 3, 2019 15:56

Sudhir Budhay, owner of Nagpur’s popular computer outlet Business Algorithms (B Algo) situated in Dhantoli, has been duped of Rs 83, 02, 742 by his accountant.

As per the police, the accountant Nitesh Gajanan Meshram (32), worked at Business Algorithms for 12 years. From June 24, 2017, to October 3, 2019, Meshram embezzled money from Business Algorithms. Instead of depositing the cash collected from sales at the computer outlet in the company’s bank account, Meshram kept the money. Budhay was kept under the impression by Meshram that money was regularly being deposited into the bank account.

On the basis of the complaint received by Budhay, Bajaj Nagar Police have booked Meshram under sections 409, 420, 468 and 471 of the IPC.