Gameskraft CFO siphoned Rs 250 Cr for F&O trading

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Bengaluru-based online gaming firm Gameskraft Technologies is grappling with a major financial scandal after its former CFO, Ramesh Prabhu, allegedly diverted Rs 250 crore of company funds to personally trade in the futures and options (F&O) segment. 

The unauthorized transactions, which reportedly took place between FY20 and FY25, have not only led to significant losses but also exposed weaknesses in internal governance at Gameskraft.

The controversy came to light after Prabhu reportedly sent a voluntary confession email to the company in March 2025,…



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Gameskraft CFO siphoned Rs 250 Cr for F&O trading


Bengaluru-based online gaming firm Gameskraft Technologies is grappling with a major financial scandal after its former CFO, Ramesh Prabhu, allegedly diverted Rs 250 crore of company funds to personally trade in the futures and options (F&O) segment. 

The unauthorized transactions, which reportedly took place between FY20 and FY25, have not only led to significant losses but also exposed weaknesses in internal governance at Gameskraft.

The controversy came to light after Prabhu reportedly sent a voluntary confession email to the company in March 2025,…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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