Indian-origin Sikh on trial for $10.4mn crypto bungle in Melbourne
Darpan News Desk IANS, 11 Oct, 2022 04:49 PM
Sydney, Oct 11 (IANS) An Indian-origin Sikh and his partner, who received $10.4 million from a cryptocurrency company by mistake, will face trial in Australia over allegations that they spent the money on items including a $1.2 million house.
Jatinder Singh, 37, and his partner, Thevamanogari Manivel, 40, appeared by video link from prison in Melbourne Magistrates Court on Tuesday, where they were committed to stand trial over theft and other charges, the Canberra Times reported.
Crypto.com intended to refund Manivel $100 but she was erroneously transferred $10,474,143. The company noticed its mistake when an audit was conducted in December 2021.
A subsequent probe found that an employee in Bulgaria, who processed the refund in May 2021, had incorrectly entered $10.4 million into an Excel spreadsheet.
Even though that Crypto.com account was in Singh's name, the transfer was sent to Manivel's account as he used her bank card to buy cryptocurrency, the Melbourne Magistrates Court was told.
Singh allegedly thought he won the money after being sent a notification from the Crypto.com app about a competition. This was also what he told Manivel, a Malaysian national.
Investigations have since revealed that $4 million of the money was allegedly transferred to an offshore bank account with other amounts spent on items including a $1.2 million home in Craigieburn and three other properties, a car, art, furniture and gifts to friends in Melbourne of more than $1 million each, a report in The Age said.
Manivel, presently out on bail, was arrested at Melbourne Airport in March 2022 while allegedly trying to fly home to Malaysia on a one-way ticket with about $11,000 in cash.
The couple will face directions hearing in the County Court on November 8.
Mystery deepened in the case of a kidnapped Indian-origin family in California as officials reported that a person was taken into custody in connection with the case after he attempted suicide and the truck belonging to one of the victims was found burning. But still missing is the kidnapped family - eight-month-old baby Aroohi Dheri, her parents, Jasleen Kaur, 27, and Jasdeep Singh, 36, and uncle, Amandeep Singh, 39.
The R37.7 million (Rs 17.2 crore) fraud case against two Indian-origin associates of the Gupta brothers has been postponed. The Estina dairy farm project was reportedly supposed to empower black farmers. But bank statements showed that it was being used to swindle cash, with high-profile government officials. The money was paid into the company's Bank of Baroda account in India.
The lawsuit has been filed against Colorado-based Global Medical Response (GMR), and companies under it, American Medical Response (AMR) and its subsidiaries, for turning away a qualified paramedic in midst of a global pandemic. In November 2020, AMR dismissed Singh after he requested and was denied personal protective equipment (PPE) that would accommodate his turban and beard.
Merced County Sheriff's Office on Monday, said in a statement that 36-year-old Jasdeep Singh, 27-year-old Jasleen Kaur, their eight-month-old child and relative 39-year-old Amandeep Singh were taken "against their will from a business." They have asked for public's help in locating the four missing persons.
In Dongara, some 351 km northwest of Perth, more than a century-old leather-bound book containing entries written in Gurmukhi - the official script of the Punjabi language - has been found.
The winners include Karina Samuel, 17, from Florida; Karun Kaushik, 17, from California; Laalitya Acharya, 18, from Ohio; and Sri Nihal Tammana, 13, from New Jersey. Established in 2001 by author T.A.Barron, the Barron Prize is a non-profit organisation annually honouring 25 outstanding young leaders from ages 8 to 18.
