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.
Former Delhi University professor Syed Abdul Rahman Geelani, who was sentenced to death by a special court but later acquitted by the Supreme Court in the 2001 Parliament attack case, died here on Thursday following a cardiac arrest, his family said.
All pilgrims will have to register online (prakashpurb550.mha.gov.in) in advance and the applicant is required to register himself/herself in advance of proposed date of travel.
An Indian couple in Singapore are facing charges of trafficking for exploiting a group of Bangladeshi women employed at their night clubs, allegedly denying them monthly wages, confiscating their passports and forcing one of them into prostitution.
An Indian-origin dentist has been banned from practising dentistry for a year after one of his patients bled to death, hours after he had extracted her teeth in a procedure over two years ago.
A video clip of students of a college in Karnataka writing exams on Wednesday with cartons over their head has gone viral on social media drawing criticism and prompting the education minister to tweet that the incident will be 'dealt with aptly'.
