Indian woman in UAE faces embezzlement charges

Image
IANS Dubai
Last Updated : Oct 13 2014 | 9:55 PM IST

An Indian in the UAE, who had access to her employer's bank account, faces charges for allegedly embezzling more than 247,000 dirhams (about $67,000), media reported Monday.

The Dubai Court of First Instance heard that the 38-year-old woman, a manager, who had been given a power of attorney by her Kuwaiti employer to run her art gallery, allegedly abused that power and embezzled money, the Khaleej Times reported.

She has been charged with forgery, breach of trust and fraud.

The accused allegedly committed the fraud between February 2012 and July 2013.

She would tamper with the original bills and increase the figures to embezzle the difference, according to prosecution records.

The alleged fraud first came to light after she left the company and a French sales manager took over.

A formal audit concluded she had embezzled over 247,000 dirhams.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 13 2014 | 9:52 PM IST

Next Story