2 employees dupe firm of ₹74L, held
MUMBAI: A senior employee and a former employee of a payment gateway firm were arrested by cyber police for allegedly siphoning nearly ₹74 lakh off the company’s account. The money was freezed by Economic Offences Wing (EOW) and other government authorities as it was involved in criminal matters.
The two accused used forged documents and managed to siphon off the money to their accounts. The arrested accused have been identified as Gokulkrishnan B, the senior employee and Pradeep Kumar, the ex-employee.
Both the accused had worked at the Chennai office of the payment gateway company, E-billing Solutions Private Limited, popularly known as (EBS). It has an office in Vikhroli.
According to police, Mumbai EOW and some other law government agencies have freezed some money in the merchant bank account of the complainant payment gateway company, where they used to receive money from the merchants. This bank account was kept on hold as money in it was involved in criminal matters.
The two accused, using some software or programme, allegedly hacked the system’s server and changed information such as email IDS, in the server. Later, with the help of bogus documents, managed to change the bank account details linked to the company’s merchant bank account. The two accused also unlawfully activated the suspended merchant bank accounts and transferred ₹73.94 lakh to their desired bank accounts, police said.
Railway Recruitment Board of the Government of India is one of the authorities which had requested the complainant company to freeze the money as it was involved in a fraud case.
The two accused, along with others, forged final settlement documents and logos of Railway Recruitment Board and presented it as an approval letter in the system to lift the suspension from the freezed accounts and activate them again to siphon off the money.when the company got to know about the fraud, they lodged a complaint with the Cyber police station of the Mumbai crime branch.
After preliminary probe, the two accused were arrested. Cops have managed to recover ₹10 lakh from the accused and freezed the bank account where the money was kept.