Two IT employees have been identified as the masterminds behind the multimillion-dollar fraud at Seprod Group of companies that took place over a period of seven months.

Fourteen employees have so far been charged in relation to the incident that saw the company being defrauded $160 million, which was reportedly stolen between October 2021 and May 2022.

“The investigation discovered that two IT employees manipulated the computer system to facilitate 24 other employees, and those are route sales driver and assistants, who participated in the fraud by collecting goods from Seprod Group of companies warehouse, on behalf of fans sales department and subsequently sold the goods and kept the proceeds,” said deputy commissioner Fitz Bailey during a press briefing.

The Jamaica Constabulary Force (JCF) conducted operations in Clarendon, St Catherine and the Corporate Area, between April 12 and 13 that led to 17 suspects being arrested. Of the 17 only 14 were charged.

The charges laid include, embezzlement, conspiracy to defraud at common law, and conspiracy to engage in a transaction involving criminal property.

Those charged in relation to the fraud are expected to appear in the Kingston and St Andrew parish court on May 22.

Additionally, the deputy commissioner is making an appeal to other suspects in relation to the matter to come forward. More than 10 employees are said to be on the run.

READ: Another one! Multimillion dollar fraud at Seprod