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Ritu Kumar duped of over Rs 1 crore

  • DNA
  • Nov 13, 2012, 05:29 AM IST
Ritu Kumar duped of over Rs 1 crore, mumbai news in English

mumbai news in English

Mumbai: Police have arrested four employees of renowned fashion designer Ritu Kumar for allegedly duping her of Rs 1.35 crore.
 Kumar lodged the complaint on October 25 after it was ascertained in the audit that there was a difference of a large amount in the company’s accounts. Acting on this, the designer first fired the four employees and then approached the police.
The four employees have been identified as Natasha Jawali, Sachin Ghorkindi, Shraddha Suyankar and Pragati Kanojia. Jawali was the regional manager, Ghorkindi was an accountant and the other two were sales girls. Explaining the modus operandi of the accused, an officer from the NM Joshi police station said, “The designer owns a boutique in the Raghuvanshi Mill compound in Lower Parel. Jawali was the mastermind behind this. She was also in charge of six other stores the designer owns in the city. They would not tamper with the purchases made by credit cards, but they provide fake receipts to clients who made their purchases in cash.”
The quartet would pocket this cash instead of depositing it in the company’s account. They had been cheating Kumar since 2011, with Jawali bagging the bigger share. When the designer found that there was no accountability of Rs1.35 crore in an 18-month period, she suspected foul play, DNA reported.
They noticed maximum problems in the Lower Parel boutique. Even after the designer found out about the misappropriation and the involvement of her employees, she gave them an opportunity to return the money. When they did not follow through, her manager Vikas approached the police, DNA added.


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