Bhubaneswar: The Crime Branch received a complaint from a chemical company located in Sarua, Khordha alleging fraud to the tune of USD 119,040 (Rs 97.93 lakh). Based on the findings, CID CB Cyber Crime police registered a case on April 21 under Sections 419/420/467/468/471/120-B of the IPC and Section 66-C/66-D of the Information Technology Act 2000.
The aforementioned company had regular business transactions with a Singapore-based company, from which they procured raw materials and used to transfer money on a regular basis. The recipient’s bank was JP Morgan Bank of the United States, in which they normally deposited money after receiving an invoice and a purchase order.
The email address of a mediator, Ajay Dwivedi was being used for the final transaction communications. One day they received a mail with a slightly different alphabet but in the name of Ajay Dwibedi asking them to deposit money in another account of JP Morgan bank, which was different from the previous account number.
Despite receiving the invoice and order via mail with the identical signature and stamp, the company transferred USD 119040 (Rs 97,93,641.98) into the fraudster’s account. But after verification with Ajay Dwivedi, they discovered that the funds had been transferred to a fraudulent account.
Ajay Dwivedi also denied to have had any such email account in his name. Soon they realised that this was the job of a cyber fraudster and reported at the CID CB Cyber Crime Police Station.
“The CID CB Cyber Crime Police Station, Cuttack soon swung into action and took up the matter legally with the bank and due to persistent efforts of the Crime Branch, the whole amount siphoned off by the cyber fraudster could be recovered and returned back to the complainant firm’s account within 5 days on April 26, 2023,” a senior police official said.
Further investigation is on process.
