Anti-Terror Agency Chargesheets CEO Of Laos-Based Firm In Cyber Fraud Case

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The National Investigation Agency (NIA) has filed a chargesheet against the CEO of a Laos-based firm in connection with a cyber fraud case involving the theft of over Rs 1 crore from a Mumbai-based company.The accused, identified as Sourabh Kumar, is the CEO of a firm called 'Laos IT Solutions'. The NIA has alleged that Kumar and his associates created a fake website of a well-known company and lured the Mumbai-based company to invest in it.The Mumbai-based company transferred over Rs 1 crore to the fake website, but did not receive any services in return. The NIA has alleged that Kumar and his associates then transferred the money to various bank accounts in India and abroad.The NIA has also alleged that Kumar and his associates used the money to purchase properties and luxury vehicles. The agency has attached several properties and vehicles belonging to Kumar and his associates.The chargesheet has been filed under various sections of the Indian Penal Code, including cheating, forgery, and money laundering. The NIA is also investigating the role of other individuals and companies in the case.The case is a reminder of the growing threat of cyber fraud in India. The NIA has urged companies to be vigilant and to take steps to protect themselves from such frauds.

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