Monday, February 22, 2010

Wipro 'fraudster' commits suicide

Mumbai: Anoop Agarwal, the employee who was allegedly responsible for a $4 million fraud at information technology firm Wipro Ltd, is believed to have committed suicide some time after the fraud came to light, sources have told Bloomberg UTV.
Agarwal had been working with the company for the past three years in the ‘controllership’ division within the finance department. This cell is responsible for keeping the company’s financial books and also has the powers to authorise payments whenever needed. The employee is believed to have embezzled about $4 million by stealing a password and transferring money from Wipro’s bank account.
http://www.dnaindia.com/mumbai/report_wipro-fraudster-commits-suicide_1351404

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