Army canteen duped by 2 POS machine agents

Mubarak Ansari
Monday, 10 July 2017

Police officials said that when POS machines are linked to current accounts, a customer swipes his or her debit/credit card to make purchases and the amount is credited in the merchant’s account. However, in CSD’s case, the amount used to be deposited in the account of Vaishnav, who then used to transfer the money to the canteen’s account every week. After a week of the machine’s installation, the daily collections became high and the accused was not transferring the whole amount

Pune: The Army’s 330 Infantry Brigade’s military canteen has been duped of Rs 2.8 lakh by two agents from whom they had purchased a point of sale (POS) machine. Instead of transferring the amount collected from sale of goods into the canteen’s bank account, the amount was being transferred to the accused’s account, who then shortchanged the canteen and later disappeared.

Based on a complaint from Nilesh Patil of the Canteen Stores Department (CSD) at Aundh Military Station, the Sangvi police have registered an FIR against Anand Jagdish Vaishnav of Thane and Anil Chandrakant Fulelu of Sangvi. The fraud had been taking place since January 25 this year, the FIR states. Vaishnav runs Sai Cash Company, which installs POS machines.

According to the police, after demonetisation in November last year, the CSD canteen was looking for a POS machine. Traders usually procure these machines from banks where they have current accounts. However, due to huge demand, the banks were not able to supply them. Thus, CSD officials opted for a machine through middleman Fulelu.

Police officials said that when POS machines are linked to current accounts, a customer swipes his or her debit/credit card to make purchases and the amount is credited in the merchant’s account. However, in CSD’s case, the amount used to be deposited in the account of Vaishnav, who then used to transfer the money to the canteen’s account every week. After a week of the machine’s installation, the daily collections became high and the accused was not transferring the whole amount.

Whenever the military authorities confronted him, he used to give reasons of a technical glitch. The accused had not transferred Rs 2.8 lakh when the authorities stopped using the machine. The Army officials sent soldiers to trace Fulelu and Vaishnav, but they were untraceable. Finally, the Army officials approached Pune city police and registered an FIR on Saturday.

 

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