Two senior executives of an IT company in Bengaluru have been arrested by Mahadevapura police for allegedly stealing data from the firm. They have also been accused of diverting huge amounts of money for the company.
Prathap and Karthik, both in their mid-thirties have been working at the firm as senior manager and operations manager respectively. The office is located at the Export Promotion Industrial Park Zone.
They were arrested after the company found out that the laptops had been borrowed without any authorisation and had not been returned, Deputy Commissioner of Police (DCP) Abdul Ahad said.
A technical team suspected the same and traced the activities to find out that funds were being transferred illegally and data was being stolen. The company’s client list had been stolen as well.
Both of them joined the company about 6-7 years ago. Later, they set up their own firm called Captive Med Solutions and used the data to promote their business while they worked at the IT firm, Deccan Chronicle reported. While the company sent them on business trips to the US, they allegedly cut deals to benefit themselves.
The police found out about their whereabouts through the operations team tracking the laptop he had stolen.
As you are no doubt aware, Swarajya is a media product that is directly dependent on support from its readers in the form of subscriptions. We do not have the muscle and backing of a large media conglomerate nor are we playing for the large advertisement sweep-stake.
Our business model is you and your subscription. And in challenging times like these, we need your support now more than ever.
We deliver over 10 - 15 high quality articles with expert insights and views. From 7AM in the morning to 10PM late night we operate to ensure you, the reader, get to see what is just right.
Becoming a Patron or a subscriber for as little as Rs 1200/year is the best way you can support our efforts.