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Former depot manager sentenced to one year in prison for ₹1.23 crore fraud and misappropriation of company stock

The Hindu Bureau· ·1 min read · 0 reactions · 0 comments · 23 views
Former depot manager sentenced to one year in prison for ₹1.23 crore fraud and misappropriation of company stock
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A city court has convicted a former depot manager of a private company in a criminal breach of trust and cheating case involving the alleged misappropriation of company stock worth ₹1.23 crore.The VIII Additional Chief Judicial Magistrate’s Court at Nampally convicted M.

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Original publisherThe Hindu — Top
Canonical URLhttps://www.thehindu.com/news/national/telangana/former-depot-manager-sentenced-to-one-year-in-prison-for-123-crore-fraud-and-misappropriation-of-company-stock/article71257709.ece
Publication timeThu, 23 Jul 2026 19:57:45 +0530
Retrieval time2026-07-23T14:37:22.154Z
Last seen2026-07-23T14:37:22.154Z
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Summary source textcontentText
Citation coverageSummary is a WeSearch-generated derivative; primary citation is the original publisher URL.
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Cluster logicGrouped by semantic title/content similarity across sources within a rolling window. Same-publisher template collisions are excluded from coverage comparison.
Ranking reasonStory pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking.
Publisher visitYes — open original
Substitutes article?No — link-out required for full text

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Basis: Derived from the published RSS/Atom feed. Contact: [email protected]. Reviewed: 2026-07-24.

Opening excerpt (first ~120 words) tap to expand

A city court has convicted a former depot manager of a private company in a criminal breach of trust and cheating case involving the alleged misappropriation of company stock worth ₹1.23 crore.The VIII Additional Chief Judicial Magistrate’s Court at Nampally convicted M. Veera Venkata Krishna Rao, a former depot manager with M/s 3F Industries Ltd., in a case investigated by the Chaderghat police.The court sentenced him to one year simple imprisonment and imposed a fine of ₹10,000 after finding him guilty under various provisions of the Indian Penal Code relating to criminal breach of trust, cheating, forgery and criminal intimidation.The case was registered in 2017 following a complaint by an authorised representative of the company, which alleged that the accused had diverted company…

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