Fake fee receipt scam unearthed in SV University
A scam involving manipulated fee receipts has been discovered at Sri Venkateswara University in Tirupati. The fraudulent receipts, which included fake seals and signatures, resulted in a financial loss of ₹65,686 to the university. Two employees have been identified as complicit in the scheme, which could have had more severe implications if not detected promptly.
- ▪A scam involving the theft of student fees was uncovered at Sri Venkateswara University.
- ▪Fake fee receipts with forged signatures and seals were issued to students.
- ▪The financial loss to the university amounted to ₹65,686, and two employees have been implicated.
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A scam involving the alleged theft of fee paid by students has been unearthed on Sri Venkateswara University campus in Tirupati.Manipulated fee receipts were found to have been generated and issued to the students who had paid their fee towards examination certificates, as per the complaint lodged by Registrar M. Bhupathi Naidu on Friday.The said receipts that caused financial loss to the university’s exchequer also contained fake official seals and forged signature of employees, the complaint said.Though the alleged misappropriation had been taking place since January this year, officials sensed something amiss recently and zeroed in on Chiranjeevi Naik, an employee working at the enquiry counter, and Sankar, an academic consultant in Geology section, for their complicity in the…
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