Gurugram. Police have arrested a manager of a pharmaceutical company in connection with an alleged ₹1.5 crore fraud involving fake invoices, stock manipulation and data tampering. The accused, identified as Santosh Giri, was arrested from Faridabad after an investigation by the Economic Offences Wing-1 following a complaint filed by IB Pharma Pvt Ltd.
Fake Invoices and Stock Records Under Scanner
According to police officials, the complaint was filed on October 17, 2025, alleging that employees in the billing and purchase departments were involved in a coordinated scheme to create fake invoices and manipulate stock records.
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Investigators said the accused and his associates allegedly used internal access to company systems to alter inventory data. False entries were reportedly created to show stock movement on paper, while medicines were physically diverted for unauthorised sale outside official distribution channels.
Long Tenure Gave Access to Internal Systems
Police said Santosh Giri, 39, a resident of Tajpur Badarpur in Delhi, had been associated with the company from 2016 to 2024. He held managerial responsibilities, including HR-related duties, which allegedly gave him access to sensitive operational systems.
Officials stated that fake purchase orders and matching invoices were allegedly generated to make transactions appear genuine. In reality, the goods were suspected to have been siphoned off and sold in the open market without company approval.
Economic Offences Wing Expands Probe
The FIR was registered at DLF Sector-29 Police Station under provisions related to cheating, criminal breach of trust and forgery. The case was later transferred to the Economic Offences Wing for detailed financial analysis and digital forensic examination.
Police said the accused was produced before a local court after his arrest, and interrogation is underway to identify others who may have been involved. Investigators are examining company transactions, warehouse logs, digital access records, payment trails and communication data to trace the full supply chain and identify the final beneficiaries.
Authorities suspect that more employees may be linked to the alleged racket. Further arrests have not been ruled out as the investigation continues.
