Ahmedabad: GTPL Alleges ₹78.77 Lakh Fraud by Former Accounts Manager; FIR Filed

Bodakdev Police have registered an FIR against a former accounts manager of GTPL after the company alleged that he siphoned off ₹78.77 lakh by creating false invoices and diverting payments meant for a vendor to his father’s bank account.

According to the complaint, the alleged fraud came to light during the company’s annual audit in March 2026, several months after the accused, identified as Rajdeep Gupta, had resigned from the organisation.

Pravakar Mohapatra, 51, an Associate Vice-President at GTPL, lodged the complaint on behalf of the company after being authorised to do so, police said.

Fraud Allegedly Continued for Over a Year

Gupta joined GTPL as an Accounts Manager on August 3, 2023, and was responsible for maintaining vendor accounts and processing bills and payments.

Police said he resigned in December 2025, after which his responsibilities were handed over to another employee.

During the annual audit in March, the company allegedly noticed discrepancies in payments recorded as having been made to a vendor, J R Enterprises. When officials contacted the proprietor and checked the vendor’s bank account details, they allegedly found that the payments had not been received.

Payments Allegedly Diverted to Father’s Account

Further scrutiny of invoices and transaction records allegedly showed that the money had instead been transferred from GTPL’s HDFC Bank current account at Ashram Road to a Bank of Baroda savings account in Naroda belonging to Gupta’s father.

The company alleged that false invoices were generated between August 12, 2024, and November 29, 2025, with incorrect details used to make the transactions appear as payments to J R Enterprises.

According to the complaint, J R Enterprises was allegedly named on documents and cheques instead of the actual account holder whose bank account received the funds.

The company has alleged that ₹78.77 lakh was diverted through the transactions.

Seven Emails With Allegedly False Details Found

The alleged irregularities were not detected immediately. After Gupta’s responsibilities were taken over by another employee, he allegedly reviewed older emails on the company’s system and found seven emails containing incorrect information.

The invoices attached to the emails were also allegedly found to contain false details. The company subsequently conducted an internal review of the transactions, invoices and bank account details before approaching the police.

Police Begin Investigation

Based on the complaint, Bodakdev Police have registered an FIR and launched an investigation.

Police are examining the alleged transactions, invoices and emails and are investigating how the payments were processed and transferred to the account allegedly linked to the former employee’s father.