TOI editor’s secretary Mayekar accused of siphoning off Rs 15 crore, arrested

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Fraud
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The Hush Post: Mumbai police arrested The Times of India employee accused of embezzlement of Rs 15 crore from the newspaper.

The Crime Branch of the Mumbai Police on Thursday arrested the secretary of a senior editorial official of the newspaper. The crime branch arrested Amit Mayekar and his brother-in-law Amay Sawant from Pune.

Amit Mayekar, worked with the paper’s associate executive editor Derick D’sa. He is accused of conspiring of making payments for freelance articles which were never written or published.

Mayekar, who was on the run since May 6, was arrested along with his brother-in-law Amay Sawant from the neighbouring Pune. Earlier, a court in Mumbai had rejected his anticipatory bail application on May 10.

The complainant Derick D’sa said that Mayekar got him to sign invoices for payments to 78 freelancers. A crime branch official said that Mayekar used to transfer money into accounts of the contributors, and would later ask them to withdraw the cash. “These beneficiaries would get a 10 per cent commission,” the official claimed.

The police are also inquiring into Mayekar’s past financial transactions, which include his trips abroad. They are also looking into the bank accounts of his relatives. With these arrests, the police have detained 23 persons in connection with the alleged fraud. Eighteen of them were arrested on May 8 and 9.

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