Double Refund fraud at Jet Airways exposed by Police

It’s a difference of hardly 40 seconds but it cost Jet airways Rs 2.09 crore in a year, thanks to a cyber-smart fraudster, say police. Forty-year-old Mukesh Kishanpuria, a garments businessman with a knack for computers, was arrested on Wednesday when he was on his way to court to seek anticipatory bail.

Mukesh, say police, hit upon the idea of double cancellation of tickets to get two times the refund.

The fraud was detected during audit for the financial year 2008-2009. Jet officials found lakhs upon lakhs missing and an internal inquiry revealed that the airline had refunded double the amount for several cancelled tickets. Realising that a gang of cyber experts was at work, Jet lodged a complaint with Shakespeare Sarani police station and the case was handed to the cyber crime unit of Kolkata Police.

Read more: Police crack Rs 2 crore double-refund – The Times of India http://timesofindia.indiatimes.com/city/kolkata-/Police-crack-Rs-2-crore-double-refund/articleshow/6904492.cms#ixzz16Jh128wk