Mumbai: Accountant arrested for Rs 7 crore fraud spent loot on dance bars, booked flat

MUMBAI: Two months after an accountant was arrested for allegedly siphoning off Rs 7 crore from a watch showroom housed at a five-star hotel, the police said that the accused, Shailesh Haryan (34), had splurged the money on "costly" liquor, visiting dance bars and putting up at hotels with friends.
The economic offences wing of the city police recently filed a chargesheet against Shailesh Haryan (34), a Mira Road resident. Haryan worked at the showroom between 2010 and 2015.
The police said that he misused the company's system password to divert funds, made dummy entries and fudged the company's accounts.
The discrepancies had come to the fore during the auditing process, while the balance sheet for the financial year 2014-15 was being compiled. The auditor found that funds had been transferred to Haryan's bank accounts. Inspector Manish Awale filed the chargesheet.
A police officer said that Haryan splurged money on friends to buy costly liquor and visit dance bars.
Haryan had also used Rs 10 lakh of the misappropriated funds to buy jewellery besides Rs 23 lakh which was used to book a flat in Virar. The police said that he had returned the jewellery and the ownership papers of the flat to the company.
Another officer said that the accused gave the house documents to the company before a criminal offence was filed.