The Pune cyber police have arrested two men from Belagavi, Karnataka, for allegedly duping a Hadapsar-based construction company of Rs 1.95 crore through a man-in-the-middle cyberattack.
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The accused have been identified as Ajay Ramvilas Yadav (22), a hardware shop owner, and Salman Gaus Moinuddin Ajnal (32), a garage worker. Both were arrested on Thursday evening following an investigation into the online fraud case registered on January 19.
According to Senior Inspector Swapnali Shinde of the Pune cyber police, the accused manipulated email communication between the construction company and its equipment supplier. The fraudsters sent an email from an address that closely resembled the supplier’s official email ID but included different bank account details.
Believing the email to be genuine, the Hadapsar-based firm transferred Rs 1.95 crore to the mentioned account without verifying the bank details with the supplier.
Police investigations revealed that the bank account used in the transaction belonged to Yadav, who holds a joint account and runs a hardware shop with his father. He allegedly shared his banking credentials with Ajnal in exchange for a promised commission. Based on the money trail, police first detained Yadav and later arrested Ajnal.
Authorities are now searching for other individuals involved in the racket, including the main handlers behind the cyber fraud. Further investigation is underway.
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