Mumbai Police books ex-CFO of Marcellus for Rs 1.18-crore fraud

  • Posted on September 27, 2025
  • By Business News Today
  • 4 Views
Mumbai Police books ex-CFO of Marcellus for Rs 1.18-crore fraud

Mumbai Police registered a case against the former CFO of Marcellus Investment Managers. He allegedly siphoned 1.18 crore rupees for personal use. The company detected suspicious payments during an internal audit. Forged credit card statements were reportedly used. Police are now investigating the money trail. The company confirmed client investments remain unaffected by this incident.
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