Ghost Employee, Real Salary: How Indian-Origin Man Duped US Firm Of $1.2 Million

Karan Gupta, an Indian-origin individual, has been implicated in a fraudulent scheme that resulted in a staggering loss of $1.2 million for a US-based company. Gupta orchestrated the scam by posing as a ghost employee, manipulating payroll systems to siphon off funds. He reportedly colluded with a friend, taking half of the latter's legitimate salary as kickbacks. This case highlights vulnerabilities in corporate payroll processes and raises questions about oversight and accountability within firms. Gupta's actions not only deceived his employer but also underscored the potential for financial misconduct in remote working environments, where the lack of physical oversight can lead to exploitation. As investigations continue, the case serves as a cautionary tale for businesses to enhance their internal controls and prevent similar fraud attempts in the future.