Company's money transferred by fraudulent means

KOLKATA: More than Rs 7 lakh was fraudulently transferred from a private company's account in Salt Lake Sector V. It was suspected that some miscreants might have hacked the e-mail account of a senior official of the company and initiated the payment through Real Time Gross Settlement (RTGS) process.

After the fraud came to light, a complaint has been lodged with Electronics Complex Police Station on Monday.

Sources informed that the company used to send e-mails with instruction of payments to the bank where their account was and the end of the day, the bank used to send a confirmation e-mail to the company stating the payment details.

On November 2, the officials from the company noticed that a payment was made to one Akash Arora's account which was not instructed by the bank. When the company officials checked the e-mail it was found that a mail was sent to the bank that the company was unaware of. In the e-mail, the bank was asked to pay Rs 7.5 lakh to the said person using RTGS process.

On Monday, a representative from the company lodged a complaint at Electronics Complex Police Station. Based on the written complaint, police initiated a case on charge of cheating, criminal breach of trust, forgery and using a forged document or electronic record. Till Tuesday, no arrests have been made.