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Industrialist duped of Rs 18.25 L online

Aurangabad, March 31: An industrialist from MIDC Waluj was duped Rs 18.25 lakh by a cyber crook on the ...
Industrialist duped of Rs 18.25 L online

Aurangabad, March 31:

An industrialist from MIDC Waluj was duped Rs 18.25 lakh by a cyber crook on the pretext of sending raw material from abroad.

According to details, Vinayak Shankarrao Deolankar (N-4 Cidco) runs Manu Electrical at Waluj MIDC.

Vinayak Deolankar purchases required raw material from South Korea based I K Tech Company through its local representative. Deolankar had booked an order of raw material through him.

The company instructed Deolankar to deposit the amount on the company’s bank account.

The city industrialist deposited 24567.72 dollars (Rs 18.28 lakh) on the company’s bank account on October 23, 2020.

He informed the company’s local representatives about the transfer of money after two days and sought a schedule of goods dispatching. The company's local representative told Deolankar that he would confirm the payment and then send raw material.

The local representative informed the industrialist on October 26 that the company has not received the payment.

Deolankar brought payment details from the bank and gave them to the company's representative, who said that the account does not belong to their company.

During the enquiry, it came to light that the cyber crook prepared a fake email ID which looked like the company’s and got transferred the amount to his account.

The industrialist lodged a complaint with the Economic Offence Wing of police about cheating. After the probe, Cyber Police asked Deolankar to make a complaint with MIDC Waluj Police Station. PSI Potdar is on the case.

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