EOW cracks down QR code manipulation scam of Rs 14 cr; 1 held
Bhubaneswar, July 8, 2023- In one of the rarest and newest type of cyber fraud, the Economic Offences Wing (EOW) of the Odisha Police detected a case of huge cyber financial fraud in which more than Rs 14 crore has been siphoned off by manipulating QR codes of a Fintech company, an official said.
In connection with this case, theEOW has arrested the accused Karan Kumar Singh, a resident of Noida’s Sector-19, Uttar Pradesh, on July 6 under different sections of the IPC and IT Act.
The accused was produced before the Chief Judicial Magistrate, Gautam Buddha Nagar, Uttar Pradesh, on July 7 and was brought to Bhubaneswar on the strength of three days’ transit remand for producing him before the designated court at Cuttack, an EOW official said.
The arrest was made against a case registered on the basis of a complaint filed by Sanjib Kumar Parida, Chief Technology Officer of ‘IServeU Technology Pvt. Ltd., a Bhubaneswar-based Fintech company.
