The CBI has registered a case against a Singapore-based scamster who allegedly duped a Chennai-based gold exporter of Rs 1.67 crore by diverting its due payments to his personal account. Suspected finagler Grace Tann used identical email addresses of the Chennai-based exporter, RKR Gold, and the Singapore-based importer, Valuemax Precious Metals pvt ltd, to deceive the latter into depositing a payment for imports to his account. RKR Gold had exported 6.7 kg of gold jewellery, valued at Rs 1.67 crore, to Valuemax on December 18, 2013, CBI sources said.
It had asked the Valuemax to remit the payment to its Bank of India account in Chennai using its email address — ‘email@example.com’. Later, the Singaporean-company received an email from a very similar email address — ‘firstname.lastname@example.org’ asking it to deposit the payment in an HSBC account which was in the name of Grace Tann, purportedly a resident of Woodlands Avenue, Singapore.
The funds were allegedly transferred to Tann’s account using telegraphic transfer on December 31, 2013. Six days later, the Chennai-based firm also received an email claiming to be that from Valuemax saying the payment has been made to the Bank of India branch as desired by them. The agency has now registered a case of criminal conspiracy, cheating and violation of Information Technology Act against Tann and unidentified others.