Ludhiana, Aug. 2 -- Police have booked two employees of a prominent Ludhiana-based business firm for allegedly defrauding the company of nearly Rs.97 lakh through a series of fake credit card transactions.

According to police, the accused pocketed cash received from customers and falsely recorded the payments as credit card transactions. They are also accused of generating fake swipe slips and manipulating sales records to conceal the alleged embezzlement. The alleged fraud came to light after an internal review by the company detected discrepancies between cash collections and recorded sales. Based on a complaint, Division No. 5 police registered a case against Bhupinder Singh, a resident of Himachal Pradesh, and Gagandeep Kaur, a Ludhi...