Odisha: The Economic Offences Wing of the Police in Bhubaneswar, Odisha, has caught a unique case of cheating. Here, the officer of the fitness company complained to the police that by rigging the QR code, a rascal from Uttar Pradesh, Noida, had cheated Rs 14 crore. However, the police have arrested the accused.
The Bhubeshwar police arrested Karan Kumar Singh, a resident of Sector-19 in Noida, Uttar Pradesh, on July 6 in connection with the case. The police have taken the accused to Bhubaneswar on a three-day transit remand. On behalf of EOW Inspector General JN Pankaj, it has been told that EOW registered the case on June 29 on the basis of a complaint filed by Sanjib Kumar Parida, Chief Technology Officer of Bhubaneswar-based fintech company iServe Technology Pvt. Ltd.
The complainant had alleged that he had entered into an agreement during April–May 2023 with the directors of Payone Digital Services Private Limited, a Noida-based company. The complaint states that the agreement was to provide digital payment services and facilitate the Finotech service. Under this, the company had given its UPI API number for commercial use.
According to information, the arrested accused, Karan Kumar Singh, and his brother, Lallu Singh, are directors of Payon Digital Services Private Limited. EWO officials said that when the complainant’s company checked his account with FINO Bank, it was found that the amount in the account was very low.
An investigation revealed that Karan Singh and Lallu Singh allegedly fudged the QR code and embezzled credit to the tune of Rs 14.33 crore. In a statement, the official said that money was fraudulently sent from Payout Wallet to more than 125 different bank accounts. Officials of the complainant company have expressed apprehension that there could be a Chinese link to the scam.
The police suspect that several other accused are also involved in this complex and highly technical case. Because no such case has come to the fore before. The EOW is seeking the help of experts in the matter. So that the matter can be thoroughly investigated.
