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.
The Supreme Judicial Council (SJC) had recommended to remove Justice Shaukat Aziz Siddiqui, who was facing a case of alleged misconduct over his speech targeting the Inter-Services Intelligence
While C-section is a life-saving intervention for women and newborns, it is not without risk for mother and child, and is also associated with complications in future births.
Asked if she would like to join US President Donald Trump's cabinet now that she has stepped down as Pepsi CEO, Ms Nooyi said, "Me and politics don't mix at all. I am too outspoken, I am not diplomatic. I don't even know what diplomacy is. I would cause a third World War. Don't do it".
President Trump’s remarks came hours after he was briefed at the White House by Secretary of State Mike Pompeo on his meetings with the top Chinese leadership in Beijing this week.
British authorities have banned a physics teacher from the classroom for life after he flew to Bangladesh to marry a 13-year-old girl in 2006, media reports said on Wednesday.
