
Mumbai Police's Economic Offences Wing (EOW) has extended the custody of Girish Champaklal Dave, accused in an Rs11 crore fraud case, until August 8. Dave allegedly confessed to spending nearly Rs4 crore at bars from the defrauded funds. His wife, Yashika Dave, has been remanded to judicial custody. The couple was arrested after a 15-day surveillance. Investigators claim Dave and two co-accused, who joined the firm between 2012-2014, misused mobile banking to transfer company funds to personal accounts, with Dave allegedly siphoning off Rs8.68 crore.
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