**Title:** Ahmedabad Showroom Managers Arrested for Rs 9.71 Crore Fraud
**Meta Description:** Two car showroom managers in Ahmedabad have been arrested for defrauding their employer by selling 68 cars without authorization, leading to a loss of Rs 9.71 crore.
**URL Slug:** ahmedabad-showroom-managers-arrested-fraud
**Headline:** Two Ahmedabad Car Showroom Managers Arrested for Major Fraud Involving 68 Cars
In a significant case of corporate fraud, the manager and assistant manager of a car showroom in Ahmedabad have been arrested for allegedly defrauding their employer by selling 68 vehicles without proper authorization, resulting in a staggering loss of approximately Rs 9.71 crore. The fraudulent activities came to light during an internal audit conducted in July, which led the company’s CEO, Rajneesh Arora, to file a police complaint.
The internal audit revealed alarming discrepancies within the company’s trust department. It was discovered that 53 second-hand cars purchased by the company were unaccounted for, while an additional 15 cars existed only on paper, totaling 68 missing vehicles. A thorough investigation uncovered that showroom manager Jitendra Sharma and assistant manager Chirag Dutt had sold these cars to various dealers between April and July, all while failing to record these transactions in the company’s official records.
Police investigations revealed that Chirag Dutt had a history of similar offenses. In a previous job, he allegedly sold a car using a duplicate registration certificate, leading to a petition being filed against him with the Crime Branch, although no formal FIR was registered at that time.
Typically, the company follows a buyback policy where they purchase customers’ old cars when they buy new ones from the showroom, offering a fixed buyback amount. However, Sharma and Dutt exploited this process by directly contacting customers and selling the old cars to third-party dealers. Upon further inquiry, it was found that Chirag had personally sold 16 cars as an agent, retaining the full payment and collecting a commission of ₹10,000 for each sale.
To evade detection, the duo funneled payments from these unauthorized sales into company accounts to mask their fraudulent activities as legitimate transactions. Their scheme unraveled when the internal audit identified several missing car records.
Both Jitendra Sharma and Chirag Dutt are currently in police custody as investigations continue into this extensive fraud case.
**FAQ Section:**
**Q: What led to the arrest of the showroom managers in Ahmedabad?**
A: The arrest was prompted by an internal audit that revealed the unauthorized sale of 68 cars, resulting in a loss of approximately Rs 9.71 crore to the company.
