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.
US Congressman Brad Sherman has said he has apologised to India's envoy in Washington Harsh Vardhan Shringla over President Donald Trump's "amateurish and embarrassing mistake" of offering to mediate in the Kashmir issue.
Set to be the new British Prime Minister, Boris Johnson has a close India connection. His estranged wife Marina Wheeler, whom he married in 1993, is half Indian.
Thirteen months after the abduction and killing of rifleman Aurangzeb by terrorists in South Kashmir’s Shopian district, his two brothers have joined the Army to serve the nation and “avenge his death”.
Former Pakistan captain Wasim Akram was on Tuesday left high and dry at the airport after the authorities humiliated him for carrying insulin, the legendary fast bowler tweeted.
Was Donald Trump's claim that he was approached by Prime Minister Narendra Modi to mediate in the Kashmir issue another flub, in a long line of such seemingly thoughtless utterances by the US President?
