Odisha Firm Gets Back Rs 98 Lakh Cheated Money In 5 Days Due To Crime Branch Effort

Bhubaneswar: In a swift action, the Cyber Crime Unit of Crime Branch of Odisha police has ensured return of Rs 98 lakh of cheated amount to a victim within 5 days.

The Crime Branch received a complaint on April 21 from a chemical company located at Sarua in Khurda alleging mandate fraud to the tune of $119040 USD (Rs 97, 93,641.98). Based on the complaint, the investigating agency registered a case and started an investigation into the incident, a press release said.

The company had regular business transaction with a Singapore-based company, from whom they procured raw materials and used to do regular money transfer. The recipient bank was JP Morgan Bank of the United States, in which they normally deposit 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 $ 119040 USD (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. It 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 to the complainant firm’s account within 5 days on Wednesday, the release added.