Wipro employee commits $4 Million fraud


IT major Wipro has tightened internal control in the finance division after it was noticed that one of its employees embezzled crores of rupees in the last three years. The employee, who was working in the ‘controllership’ division within the finance department in the last three years, stole a password and transferred funds from Wipro’s account at a bank, reports M.V. Ramsurya and Pankaj Mishra of Economic Times.

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