Man nabbed for defrauding firm
North Zone police arrested a 48-year-old marketing manager of a private firm on Thursday for forging bills and cheating the public and the company of `45 lakh.
Police said P.K. Suresh Kumar, 48, who was working as marketing manager in a private firm on Subhash Road in Secunderabad, misappropriated plastic raw material worth `22 lakh belonging to the company he was working for and spent the money on luxuries.
North Zone deputy commissioner of police B. Sumathi said, “He send false bills to customers and cheated them as well as the company he was working for as marketing manager. He then misappropriated another `20 lakh by raising false bills and invoices against customers. Overall he misappropriated about `45 lakh belonging to the company,” the DCP added.
After receiving information that the suspect was staying at his native place in the Thrissur district of Kerala Hyderabad police went there along with staff and arrested him on Thursday and brought him to Hyderabad on transit warrant.
He was sent to judicial custody by the court on Friday.
POLICE SAID P.K. Suresh Kumar, 48, who was working as marketing manager in a private firm in Secunderabad, misappropriated plastic goods worth `22 lakh belonging to the company he was working for
AFTER RECEIVING information that Suresh was staying at his native place in the Thrissur district of Kerala, Hyderabad police went there and arrested him