Kerala finance company staffer flees after swindling Rs 20 Cr, probe on

Thrissur: A woman employed at a private finance firm at Valapad here has absconded with approximately Rs 20 crore. Identified as Dhanya Mohan, she hails from Kollam and held the position of Assistant General Manager at the company for nearly 18 years.

The fraud came to light when it was found that, since 2019, Dhanya had orchestrated fake loans and transferred funds from the company's digital personal loan account to accounts belonging to her father and brother.

Fearing action, Dhanya pretended to be unwell and departed from the office premises with the assistance of an accomplice. It is suspected that she used the swindled funds to purchase luxury items, land and a residence.

Valapad police has registered a case and is actively pursuing leads to arrest the fugitive.

Dhanya had been a resident near Thirupazhancheri temple for nearly two decades.

The non-banking financial company has over 5,000 branches across 28 states, assets of over Rs 400 billion, and a workforce of more than 50,000.