28 Sep 2025 | 5 Mins Read
Marcellus' former CFO embroiled in police probe following FIR filing
Flipitmoney
Marcellus Investment Managers filed a police complaint against former CFO Pankaj Harish Gupta for allegedly diverting Rs 1.18 crore from the firm's corporate accounts for personal use through 30 unauthorized transactions between December 2024 and July 2025. Gupta admitted to misusing funds to pay personal expenses. Marcellus assured clients that their investments remain unaffected.