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College Accountant Arrested for Rs 7.46 Lakh Embezzlement to Cover Gaming Losses

Investigations found he manipulated cash payments as online transactions that were never credited to the college account.

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Overview

  • Accountant Dharmnishth Patel of CBS College of Pharmacy and Technology in Faridabad is accused of embezzling Rs 7.46 lakh in student fees.
  • An internal audit flagged mismatches between the college’s fee register and its online payment records.
  • During questioning, Patel confessed to using the misappropriated funds to recover losses from online gaming.
  • Police have charged him under Section 316(4) of the Bharatiya Nyaya Sanhita for criminal breach of trust and a court remanded him to judicial custody on June 23.
  • College chairperson Amit Kumar filed the FIR and has pledged stricter audits alongside background checks for financial staff.