Hyderabad employee embezzles 1.32 crore from firm

An employee at a tax consultation firm in Hyderabad is accused of embezzling 1.32 crore from the company. He allegedly stole client data and contacted clients to offer discounted tax filing services. The employee, a tax associate, initially denied the allegations but later admitted to irregularities after being shown bank transactions. He misused sensitive client information to divert funds. The company conducted an investigation and confirmed the employee's breach of trust. After he failed to return the money he promised, the company filed a complaint with the police.