India, May 3 -- An accountant at a Zaveri Bazaar-based jewellery company has been booked for cheating his employer after silver jewellery went missing and the accountant siphoned Rs.10.23 crore in cash from the firm. Officers with the Economic Offences Wing (EOW) investigating the case said the accountant, Avish Jain, also allegedly manipulated records in the company's software system to conceal his misappropriation.

An offence has been registered based on a complaint by Abhishek Shah, who runs Nine Silver Jewellery in Zaveri Bazaar.

In 2017, Shah had hired Jain to look after the company's sales and accounts. In 2020, Jain started overseeing the company's software and stock entries as an accountant. Later, Shah discovered several entrie...