In a shocking turn of events, Dhanya Mohan, a 40-year-old Assistant General Manager (AGM) at a reputable financial institution, has absconded with an astounding sum of Rs 20 crore. The Kollam native is said to have utilized the ill-gotten money to purchase property, a house, and luxury items.
Having served her employer for a commendable eighteen years, Dhanya allegedly orchestrated a meticulously planned fraud involving systematic transfers from digital personal loan accounts to unauthorised destinations over the course of several years. The police have registered a case and are diligently working to unravel the complexities of the crime.
According to the employer’s complaint, Dhanya embezzled crores of rupees by diverting funds to multiple fake accounts. The fraudulent activities were carried out within the premises of Manappuram Comptech and Consultants Limited. Since May 2020, Dhanya has reportedly fabricated false loans and transferred significant amounts of money from digital personal loan accounts to accounts held by her father and brother. The total sum involved in the fraudulent transactions amounts to approximately Rs 19.94 crore. It is alleged that Dhanya indulged in extravagant luxury purchases using the misappropriated funds.
After passing B. Tech, Dhanya developed her own mobile app and it helped her to get the job in the reputed company. The anomalies came to light during the audit and it led to suspicions regarding Dhanya’s involvement. Then Dhanya got wind of the serious repercussions and left the office on the pretext of medical emergency. But for the recent global IT outrage, the embezzlement would not have come to the light. Since Dhanya held a senior position as AGM Tech-lead, she utilised her access to erase data of her fraudulent transactions. But, it all got exposed following the IT outrage that led to flight cancellations and disruptions in banking, healthcare services and many other sectors globally.
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According to the police, Dhanya used her thorough knowledge and access to the loan app’s backend to delete digital footprints and avoid detection. She systematically erased backend data after transferring funds to avoid any suspicion. The personal loan app, designed to facilitate instant loan disbursement without collateral, provided her the necessary camouflage for her fraudulent activities.
At last Dhanya surrendered at the Kollam East Police Station on July 27. Then she was handed over to Valappad Police, the place of the company’s head quarters. Dhanya is reported to have confessed to the crime during the interrogation. Fraud was executed through the company’s loan app, and the money was used for online trading and other purposes. Police investigate to find out if more people are involved.
Dhanya episode is a specimen hi-tech fraud. It is like the script of a Hollywood thriller movie. That she continued the money swindling for years together is really incredible. But, the proverb prevails : “Every day is for the thief, but one day is for the owner.”
