Mumbai IT Firm Manager Booked for Alleged Rs 10 Crore Corporate Fraud

A senior accounts manager of an IT firm in Mumbai's Powai area, Amit Arvind Shah, has been booked for allegedly committing corporate fraud worth Rs 10 crore. Shah is accused of misusing the company's confidential data, email system, and technical resources to establish a rival firm in his son's name. A forensic audit revealed that Shah diverted clients by sending proposals through the new entity, causing financial losses to the original company. A police investigation based on digital evidence is ongoing.