Wednesday, October 1, 2025
spot_img

Hexaware Employees Accused of Rs 4.83 Crore Fraud in Nagpur

spot_img
- Advertisement -

In a shocking revelation, seven employees of Hexaware Technologies in Nagpur have been booked for allegedly defrauding the company of Rs 4.83 crore.

The fraud, which reportedly took place between December 2023 and February 2025, involved the creation of fake customer accounts and unauthorized refund transactions.

The case has raised serious concerns about internal security measures and the misuse of corporate systems.

Discovery of the Fraud and Modus Operandi

The fraudulent activities came to light during a routine quality check conducted by Hexaware’s internal audit team.

Discrepancies in refund transactions were flagged, prompting a deeper investigation.

The company’s general manager discovered that refunds were being processed without the return of faulty products, a direct violation of company policy.

This led to the uncovering of a well-coordinated scheme involving seven employees who exploited system loopholes to siphon off funds.

According to the investigation, the accused employees created fictitious customer accounts and processed refunds for non-existent returns.

As per Hexaware’s protocol, refunds are only issued when customers return defective items purchased through e-commerce platforms.

However, the employees manipulated the system to approve refunds without any actual product returns.

The refunded amounts were then diverted into accounts linked to the accused, resulting in financial losses amounting to Rs 4.83 crore.

Legal Action, Charges and Hexaware Technologies’ Response

Following the internal investigation, Hexaware Technologies filed a police complaint against the accused employees.

The Sonegaon police have filed a case under various sections of the Indian Penal Code. These include charges of criminal conspiracy, cheating, forgery, and breach of trust.

Relevant sections of the Information Technology Act have also been invoked.

The accused have been identified as Jayant Das, Aditya Dongre, Piyush Sodari, Mukesh Kumar, Pawan Chachane, Ajikya Meshram, and Surendra Agase, all residents of Nagpur.

Hexaware Technologies has launched an internal review to identify and address vulnerabilities in its systems.

The company has emphasized its commitment to maintaining the highest standards of integrity and security.

Enhanced monitoring and stricter access controls are being implemented to strengthen security measures.

Additionally, employee training programs are being introduced to prevent similar incidents in the future.


Note: We are also on WhatsApp, LinkedIn, Google News, and YouTube, to get the latest news updates. Subscribe to our Channels. WhatsApp– Click HereGoogle News– Click HereYouTube â€“ Click Here, and LinkedIn– Click Here.

spot_img

Editorial

Why TCS Deferred FY25 Salary Hike: Better Hike Ahead?

TCS had initially announced its annual salary hike during...

Deloitte, PWC, EY, KPMG to Hire 1 Lakh People in India in FY25

According to estimates from top company officials and industry...

Higher EPS Pension Application Stuck: A Step-by-Step Guide to Fix

Nearly 97,640 Provident Fund (PF) members and pensioners under...

Employee Benefits at India’s Big 4 Firms Deloitte, PwC , EY, KPMG

The Big 4 firms; Deloitte, PwC (PricewaterhouseCoopers), EY (Ernst...

TCS Announces 4-8% Salary Hike for FY25, Lowest in Last 4 Years

Tata Consultancy Services (TCS), India's largest IT services provider,...

Must Read

HCLTech is hiring for various roles including WFH Jobs & freshers

A global technology company, HCLTech is looking to hire at...

Genpact is hiring for various jobs in India, explore opportunities

A global professional services firm focused on delivering outcomes...

Oracle fined for bribery in India, second time in 10 years

A cloud technology company, Oracle has been fined $23 million for...

Tamil Nadu cabinet approves 24 investment proposals, to generate 93,935 jobs

Tamil Nadu cabinet approves 24 investment proposals, to generate...

Wipro targets campus hiring 17,000, Infosys 45,000 & TCS 77,000 in FY22

India’s leading IT service provider company, Wipro has announced...

Xiaomi India rewarding employees with hardship bonus

Xiaomi India rewarding employees with hardship bonus Xiaomi India is...

Accenture Elevates Kishore Durg as Group Operating Officer- Tech

Global consulting and technology services giant Accenture has elevated Kishore Durg as...

Related Articles

Sahiba Sharma
Sahiba Sharmahttps://sightsinplus.com/
Sahiba Sharma, Senior Editor - Content at SightsIn Plus