Bengaluru Nish Hair store loses Rs 8 lakh due to staff fraud

Nish Hair Bengaluru outlet lost Rs 8 lakh to fraud. This is a significant amount taken from customer payments over several months.
By Newsroom | Business, Bengaluru |

Entrepreneur and actor Parul Gulati has publicly alleged that two staff members at her Nish Hair store in Bengaluru orchestrated a long-term financial scheme. Gulati reports an estimated loss of at least Rs 8 lakh, stemming from the diversion of customer payments into personal accounts.

Parul Gulati alleges Rs 8 lakh fraud at Nish Hair store in Bengaluru, says one accused employee is absconding - 1

The scheme involved employees instructing customers to bypass official company payment channels, instead transferring funds for products directly to the staff's private digital wallets.

Parul Gulati alleges Rs 8 lakh fraud at Nish Hair store in Bengaluru, says one accused employee is absconding - 2

Incident Overview

  • Discovery: The discrepancy was uncovered during an unannounced inspection of the Bengaluru branch.

  • Methodology: Employees allegedly processed daily sales—ranging from Rs 15,000 to Rs 20,000—without issuing official receipts, allowing them to pocket the proceeds.

  • Current Status: Gulati claims one involved employee has confessed to the misappropriation, while a second individual, identified as a sales executive, is currently avoiding contact and remains on the run.

  • Surveillance: Evidence suggests that the store’s CCTV infrastructure was managed by the accused, who allegedly utilized sick leave to avoid the surprise audit.

Financial ImpactStatus of AccusedLegal Action
Rs 8 Lakh (Verified)One abscondingUnderway/Investigation

Procedural Security Warnings

Following a full day spent at a local police station, Gulati has issued a public warning to her clientele. She emphasized that customers who made direct transfers to individual staff accounts may also be victims of this fraud.

Gulati has requested that all buyers verify payment endpoints before finalizing transactions and insisted that, moving forward, customers must demand an official bill for every item purchased to ensure the revenue is recorded by the parent company.

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Background

Nish Hair, founded by Gulati, has recently faced internal friction regarding operational oversight. The founder has indicated that while she has documented evidence covering the previous six months of retail activity, she expects that recovering the misappropriated capital remains unlikely. The firm is presently gathering further documentation to support the legal proceedings against the former staff members.

Frequently Asked Questions

Q: What happened at the Nish Hair store in Bengaluru?
Two staff members at the Nish Hair store in Bengaluru are accused of stealing an estimated Rs 8 lakh. They allegedly told customers to pay them directly instead of using the company's payment system.
Q: How did the staff members steal the money?
Employees reportedly did not give official receipts for daily sales, which ranged from Rs 15,000 to Rs 20,000. They then kept the money for themselves.
Q: How was the fraud discovered?
The fraud was found during a surprise check at the Bengaluru store. One employee has confessed, but another is missing.
Q: What warning has Parul Gulati given to customers?
Parul Gulati, the founder, is warning customers to always check payment details and demand an official bill for every purchase to ensure the money goes to the company.