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.
India has handed over a dossier to Pakistan with “specific details of the JeM complicity in Pulwama terror attack and the presence of JeM terror camps and its leadership in Pakistan”.
France, which is assuming the presidency of the United Nations Security Council from Friday, will do its utmost so that those responsible for the terrible attack in Pulwama are sanctioned, he said.
Nazir Ahmed has been charged with two counts of attempted rape and one count of indecent assault dating back to the 1970s and is due to appear at Sheffield Magistrates' Court on March 19
The handing over of pilot Abhinandan Varthaman to India at Wagah was delayed on Friday as he was asked to record a statement on camera by Pakistani authorities before he was allowed to cross the border, according to sources.
The analysis from the UK Home Office also noted a hike in the number of student visas granted to Indians last year, up 35 per cent to hit 19,505, with Chinese students dominating that segment at 99,723 visas but marking only a 13 per cent hike.
