An accountant with a private company here has allegedly cheated his employers to the tune of Rs 50 lakh by withdrawing money after submitting bogus bills, Police said on Thursday.
Police said one Praveen Khapre of Lal Ganj area in northern part of city was working with Jas Infrastructure and Power Ltd and withdrew Rs 50 lakh between July 1 and March 7 by furnishing bogus bills along with one Vishwas Raibole from Akola.
The company owner came to know about the cheating recently and lodged a complaint with Police on Wednesday. No arrests have been made so far, Police added.