Hyderabad: Auto spares firm files case against 14 employees for siphoning off Rs 20 crore; fraud spanned 13 outlets across Telangana

Hyderabad's Economic Offences Wing has filed a case against 14 employees of MGB Motor & Auto Agencies for allegedly siphoning off ₹20 crore from the firm's spare parts business across 13 locations in Telangana. The accused, designated as spare parts executives, exploited billing software gaps by diverting cash payments from clients to personal accounts instead of the company's bank account.

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