Grover Sued By BharatPe For Embezzlement

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In a civil lawsuit filed in the Delhi high court on Thursday, BharatPe accused its ousted managing director Ashneer Grover and his family of embezzling company funds to pay for personal expenses such as rent, plane tickets, and skincare products, as well as funnelling money to fake vendors and recruitment services. BharatPe has sought 88.67 crores in damages from Grover, his wife Madhuri Jain Grover, and family members. Grover and his family were accused of setting up fictitious vendors in Panipat to supply services to BharatPe, forging invoices, and overcharging the corporation for recruiting.

Grover and Madhuri Jain Grover’s counsel stated that his client was not served with a notice and that “they only learned about this today through the media.”