Tue Sep 16 16:02:13 UTC 2025: Here’s a summary of the provided text and a rewrite as a news article:

**Summary:**

The Hindu, an Indian newspaper, reports that the Marathahalli police in Bengaluru have filed a First Information Report (FIR) against Ramesh Prabhu, the former Chief Financial Officer (CFO) of Gameskraft Technologies. He is accused of misusing over ₹270 crore of company funds for personal equity and derivatives trading over the past four years. The case was filed based on a complaint by Gulshan Yadav, assistant vice-president of Gameskraft Technologies. Mr Prabhu reportedly confessed to the misuse via email. Gameskraft Technologies had to write off ₹270.43 crore in its FY2024-25 financial statement. Given the scale of the alleged fraud, the case will be transferred to the Criminal Investigation Department (CID). Mr Prabhu is currently absconding and the police are expected to issue a look-out circular against him.

**News Article:**

**Gameskraft Technologies Ex-CFO Accused of ₹270 Crore Fund Misuse, Case Handed to CID**

**Bengaluru, September 16, 2025** – The Marathahalli police have registered a First Information Report (FIR) against Ramesh Prabhu, the former Chief Financial Officer (CFO) of Bengaluru-based gaming company, Gameskraft Technologies, for allegedly misappropriating company funds exceeding ₹270 crore.

According to the complaint filed by Gulshan Yadav, assistant vice-president of Gameskraft Technologies, Mr. Prabhu is accused of using company money for personal equity and derivatives trading over a four-year period. The FIR was registered on Tuesday, and Mr. Prabhu has been charged under Sections 316 , 318, 335, 344, and 336 of BNS.

The alleged fraudulent activities came to light on March 5th when Mr. Prabhu reportedly confessed via email to using company funds for personal trading and estimating losses exceeding ₹250 crore. An internal investigation by Gameskraft Technologies confirmed the unauthorized transactions, which were incorrectly recorded as company investments. As a result, the company had to write off ₹270.43 crore in its financial statement for the Financial Year 2024-25.

“These transactions were carried out in an unauthorised and unilateral manner,” stated the company’s complaint.

A senior police officer stated that due to the complexity and scale of the case, it will be transferred to the Criminal Investigation Department (CID) for further investigation.

Mr. Prabhu is currently absconding, and police are expected to issue a look-out circular to prevent him from leaving the country. The investigation is ongoing.

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