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Chinese manager steals Rs 18 cr. in salaries; fakes 22 employees

  • A human resources manager in Shanghai orchestrated a massive salary fraud, creating 22 fake employees to siphon off 16 million yuan (Rs 18 crore) over eight years.
  • Exploiting a lack of oversight, he manipulated the system to divert salaries into his own accounts.
  • The scam was exposed in 2022 when the tech firm’s finance team noticed irregularities, triggering an internal audit and deeper investigation into payroll records and financial transactions.
  • The accused was sentenced to 10 years and two months in prison, fined, and ordered to return the embezzled funds.

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