Daijiworld Media Network - Mumbai

Mumbai, May 26: In a major case of financial misconduct, the Worli Police have booked a former manager of the upscale Ready Money Premises Co-operative Housing Society for allegedly embezzling over Rs 1 cr from the society’s bank account.

The accused has been identified as Iniset Elias Lewis alias Remedios Lewis (50), who previously served as the manager of the society. Police officials stated that Lewis exploited his position of authority to illegally obtain cheques from the society’s bank account and forged the signatures of key office-bearers the secretary, treasurer, and chairman to execute cross cheques in the name of one Dinesh Purushottam Kuwariya. He is also accused of encashing multiple bearer cheques issued in the names of unidentified individuals.

These unauthorised transactions, conducted without the knowledge or consent of society officials, led to the misappropriation of funds amounting to approximately Rs 1,03,39,038.

Following a formal complaint by the society, the Worli Police registered an FIR against Lewis, charging him with criminal breach of trust, cheating, and forgery. A detailed investigation has been initiated to trace the flow of funds and identify any potential accomplices involved in the fraud.

Society members expressed shock over the incident, calling for strict action and a comprehensive audit to ensure no further irregularities.