India, Sept. 17 -- Already grappling with the fallout of the ban on real-money gaming, Gameskraft is now also facing a major internal crisis.

As per The Hindu businessline, the company has accused its former group chief financial officer (CFO) Ramesh Prabhu of diverting company funds for personal investments in futures and options (F&O) trading. This, the gaming giant, said resulted in losses exceeding INR 250 Cr for the company.

This came to light after the gaming major reportedly filed an FIR with Bengaluru's Marathahalli Police Station on September 9, initiating a formal investigation into the matter. The company has accused Prabhu of theft, criminal breach of trust, forgery, among others under various sections of the Bharatiya Nyaya...