Mumbai Accountant Swindles Company of 6.5 Crore Rupees in Shocking Fraud

• A senior accountant, Shweta Satam alias Shweta Salvi, and 16 others are accused in a 6.5 crore rupee fraud at a Mumbai Metal Private Limited company.
• The fraud, involving financial embezzlement, occurred between August 2024 and September 2025.
• Shweta Salvi, leveraging her position and trust, gained control over company finances, misusing checks, documents, and OTPs.
• She allegedly took loans worth 3.60 crore rupees from private moneylenders and non-banking financial institutions.
• The scam was uncovered after a call from Mahindra Finance regarding a loan installment, leading to an internal audit revealing the 6.49 crore rupee embezzlement.