New Delhi:
A 62-year-old man was arrested for Allegedly deceiving a food company of over 5 crore by embezzlement of shares items export in The name of His company, the police said on Wednesday.
The accused has been identified as Anil Sethi, a resident of They said Rajouri garden.
A case has been registered on complaint of M/s Britannia Industries Ltd., Sharing in The business of Manufacturing, Marketing, Distribution and Sales of diversity of The police said bakeries and dairy products.
It has been alleged that Sethi M/s agencies, are of particular concern of Anju Sethi, used to work as a moving and forwarding agent (C&F agent) for The complainant too long ago, a senior A police officer said.
Sethi Agencies are authorized as C&F Agent with Goods made by the complainant for onward sale to various Distributors and wholesalers. According to the agreement, the agency had no right to useDeal withget rid of or sell merchandise of complainant in The officer said no other way.
During 2018-2019, complaints were received from various distributors about unsatisfactory service levels and other defaults of Sethi Agencies. a decision He was taken in transit from Sethi agencies to a different C&F agent, he said.
A review of the delivery stock was conducted on 1-4 October in 2019 in Presence of Staff of Sethi agencies where she has been found who – which instead of 1.83.765 corrugated box of New stock commissioned by Sethi agencies and should It has been available In the warehouse, only 1,21,236 corrugated boxes of Fresh stock was found leading to imperfection of The officer said 62,419 boxes.
Details are reflected in Damaged and expired stocks were as maintained by the Agency also Verified with physically stock available And another shortage of The number of corrugated boxes was 5,344 foundHe said.
During the investigation, it was also It is revealed that Anju Sethi is the owner of Sethi and Anil Sethi agencies were doing it all business in The name of his wife. was anju also Issue three checks worth Rs.5.17 crore in The name of Complaining company in instead of of Loss caused But the checks bounced, Deputy Commissioner of Police (EOW) Jeetendra Kumar Meena said.
Numerous notifications were issued to Anil Sethi but he did not join investigation, police said.
On Monday, a raid was carried out in house of Anil who I was found hide in Al Meera and was arrested, the DCP said, adding that the accused deceived the complaining company by embezzling shares. items export in The name of his company.
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