2 booked for ₹3cr fraud

Nagpur: A case has been registered at Wadi police station against brothers, Mohd Farhan Mohd Asman Malik (32) and Arif Malik (62), under various sections, including fraud, for embezzling ₹3 crore, including provident fund contributions of employees where they worked.
Farhan was entrusted with finances of Prime Cargo Movers and Logistics Pvt Ltd run by Yasir Kharwa at Wadi. After he joined another company in Kolkata, Farhan allegedly opened an account in name of Kharwa’s company.
Around ₹7.7 crore was allegedly embezzled from the products sold along with the PF of Karwah’s company. Farhan allegedly transferred this amount to bank account of his brother Arif, who too worked at Kharwa’s company.
Farhan returned ₹4.6 crore and allegedly refused to pay the rest. tnn