Mumbai Police have filed charges against Pankaj Gupta, the Chief Financial Officer of prominent investment firm Marcellus Investment Managers Private Limited, following allegations that he fraudulently diverted Rs1.18 crore from company funds through unauthorized financial activities. The 41-year-old finance executive, who joined the Andheri East-based investment management company in 2022, stands accused of orchestrating a sophisticated embezzlement scheme that operated over a seven-month period from December 2024 through July 2025. According to the First Information Report, Gupta exploited his privileged access to corporate financial instruments, including company credit cards and bank accounts, to execute more than 30 unauthorized transactions. The fraudulent activities came

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