He stole Rs 210000000, buys bmw vehicle, gifted lavish 4 BHK flat to female friend, did not get caught for numerous months, because he.
a surprising case of dishonest has emerged from Chhatrapati Sambhajinagar, Maharashtra, in which a 23-year-old laptop operator, Harshal Kumar Kshirsagar, is accused of siphoning off Rs 21.6 crore from a state-run sports branch's account.
Over numerous months, Kshirsagar allegedly used the stolen price range to stay a lavish way of life, purchasing luxurious automobiles, a 4-bed room condo, and different highly-priced objects.
Modus Operandi Of The rip-off
in keeping with media reports, Kshirsagar, a contractual employee earning Rs thirteen,000 in step with month, meticulously planned the fraud. He reportedly used an vintage letterhead from the sports complex to ship a forged e mail to the bank, requesting a exchange within the e mail deal with associated with the branch's account. the new e mail address he created changed into nearly identical to the original, differing by way of best one letter.
once the alternate became made, Kshirsagar won get admission to to critical banking info, which includes OTPs. This allowed him to permit net banking and transfer Rs 21.6 crore into thirteen specific bank bills between July 1 and december 7, 2023. via the use of cast documents, he managed to perform the transactions undetected for months.
Extravagant Purchases
The investigation discovered that Kshirsagar spent the stolen cash on a luxurious life-style that taken aback authorities. among his purchases have been a 1.2 crore bmw automobile, an SUV well worth 1.three crore, bmw motorcycle priced at 32 lakh, a luxurious 4 BHK flat close to the Chhatrapati Sambhajinagar airport for his girlfriend, diamond-studded glasses.
Arrests and in addition investigation
The police have detained two of Kshirsagar's colleagues, Yashoda Shetty and her husband, BK Jeevan, for allegedly assisting within the scheme. jeevan is accused of using a number of the stolen price range to buy a excessive-cease SUV well worth Rs 35 lakh, that is currently unaccounted for.
government believe the couple helped fabricate documents that allowed Kshirsagar to switch funds into their non-public debts. The police have seized numerous luxurious motors bought with the stolen cash and are scrutinizing financial institution documents linked to the fraudulent transactions.
The police also are working to decide whether greater people were involved inside the operation and to get better all assets bought with the embezzled price range.
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