Pune Cryptocurrency extortion email- Top three officials of Bajaj Finserv receive email for extortion of Rs. 11.63 crores in crypto

New Delhi, January 11

The Pune police have filed a complaint against unidentified person who sent emails to four top officials of Bajaj Finserv and demanded Rs 11.63 crores in Dogecoin cryptocurrency. 

The accused threatened to hack the company’s data and cause heavy losses if the amount was not paid.

The police said, the Yuvraj More (32), who works as a manager at Bajaj Finserv, lodged the FIR in the case on January 7.

According to the FIR, Bajaj along with three senior company officials Deepak Reddy, Deepak Bagadui and Sanjiv Jain received an email on November 28, 2021 from an unidentified source.

The sender allegedly demanded “7395373 doge coin”, which amounts to Rs 11,63,29,217 in Indian currency. In the email, the accused mentioned that if the money was not paid, they would hack the company’s data. 

Bajaj Finance in an official statement said “The police complaint was filed by the company on receipt of a phishing email to some of our senior officers carrying a demand. As a precautionary measure and being a law-abiding corporate citizen, we filed a complaint with the law enforcement agency. We shall work with the concerned authorities for taking further action on the said matter. We also wish to confirm that there is no impact on the organisation’s systems and security as a result of this phishing email. The systems are safe and secure.”

The Vimantal police have registered a case of the cybercrime and begun investigations. The cybercrime officials have stated that the email if through which the email was sent is being traced. 

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