Dikhyaa Mohanty 
A chemical firm in Sarua, Khordha filed a complaint with the Crime Branch alleging theft of USD 119,040 (Rs 97.93 lakh). A case was filed on April 21 under Sections 419/420/467/468/471/120-B of the IPC and Sections 66-C/66-D of the Information Technology Act 2000 by CID CB Cyber Crime police in response to the findings.
The aforementioned business regularly transacted business with a Singaporean firm from whom it purchased raw materials and regularly transferred funds. JP Morgan Bank of the United States was the recipient’s bank, where funds were often placed upon receipt of an invoice and a purchase order.
The final transaction messages were sent using a mediator’s email address, that of Ajay Dwivedi. One day they got a letter from Ajay Dwibedi requesting them to deposit money in a separate JP Morgan bank account with a different account number and a slightly different alphabet from the previous one.
The corporation sent USD 119040 (Rs 97,93,641.98) into the fraudster’s account despite getting the invoice and order by mail with the same signature and stamp. However, they learned that the money had been moved to a fake account after checking with Ajay Dwivedi.
Additionally, Ajay Dwivedi denied having any such email account in his name. They reported the incident to the CID CB Cyber Crime Police Station after quickly realizing that this was a cyber fraudster’s job.
The entire 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. “The CID CB Cyber Crime Police Station, Cuttack soon swung into action and took up the matter legally with the bank,” the official said. Process is being looked into further.
