The District Crime Branch (DCB) Police have registered a case against two employees of a real estate firm for allegedly cheating the owner of the firm to the tune of Rs. 1 crore, over a period of six years.
A case was registered only on Thursday based on a direction that the complainant from the Judicial Magistrate-I Court in Coimbatore, recently.
District Crime Branch said that Estate and Property Promoters B. Srinivasan (62), lodged the complaint stating that the two employees were swindling money from the year 2009 by issuing fraudulent receipts to investors who were paying monthly instalments for buying land from the firm and that he came to know about the incidents only a few months ago.
They added that the accused did not enter the transactions in the ledger and that they also cheated the firm by producing fraudulent vouchers to the tune of Rs. 37 lakh in the pretext of travel expenses for taking clients to the site and by misusing the cheque book of the owner.
Employees who are charged of cheating the firm were its manager R. Balaji of Nallampalayam and marketing manager M. Salim of Saibaba Colony.
