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IT honchos cheat us co of 40Lakh

Three city youths open phoney IT firm to corner their parent US company's clients and business; two of them seek anticipatory bail; hearing on Nov 29


Searchking CEO Bob Massa (seated right) with his India office team in Satellite

Three city youths open phoney IT firm to corner their parent US company�s clients and business; two of them seek anticipatory bail; hearing on Nov 29

AM Article

Reporters: Zahid Qureshi and Vijay Zala
From: AHMEDABAD MIRROR - Times of India
Posted On Saturday, November 27, 2010 at 03:31:51 AM


Amish Vyas

Devesh Dodeja

Nisha Singhal

A US-based software company has accused three people from city of cheating, siphoning off money and misusing the name of the firm to hive off its clients.

According to a complaint lodged by Searchking Technolab Pvt Ltd managing director Chirag Budhbhatti, three former employees of the company � (chief operation officer) Devesh Dodeja, (vice president) Amish Vyas and (web designer) Nisha Singhal � formed a phoney company in their name and cornered business worth Rs 40 lakh in September alone.

The three have been booked under sections 379, 406, 420, 120(b) and IT Act sections 66, 66(b), 66(d), 72 and 72(a) of the IPC. Meanwhile, Vyas and Singhal filed for anticipatory bail in the sessions court on Friday. The hearing in the court of Additional Sessions Judge A C Rao has been scheduled for November 29. Searchking operates out of its India office on 132-ft Ring Road in Satellite.

In his complaint, Budhbhatti said that Searchking, which is into search engine optimisation and software development, gradually started losing its clients and stopped getting new ones. A suspicious Budhbhatti enquired into the incident. He found that the trio had opened a fraudulent company � SEO Catalyst, opened an alternative e-mail id, cornered the company�s business, leaked data, collected fees and deposited them in their account.

Dodeja, Vyas and Singhal were sacked in October first week. But by that time, the trio was able to harvest the company�s database and clients� and bank details, thanks to their access rights.

According to CEO Bob Massa, Dodeja and Singhal were sent twice to the US to attend tech fairs where they met several clients, but reported that very few companies had shown business interest. When Massa cross-checked details, he found out the Dodeja had suppressed information and cornered business.

Dodeja had also convinced Massa into believing that the chartered accountant of the company was not doing his job properly and got him replaced by one of his confidants. This helped Dodeja to manipulate the company finance further.

Massa got the company laptop assigned to Dodeja checked. This revealed that Dodeja had introduced himself to the company clients as the CEO of the company and instructed them to deal with him. Vastrapur police has sent the laptop to the FSL for data recovery and investigation.

According to Budhbhatti, the information culled from the laptop revealed misappropriation of Rs 40 lakh in September alone. �If we analyse data for other months, the scandal could run into more than a crore,� Budhbhatti said.

Massa is distraught but has not lost hope. �Many people told me to go back to the US after the fraud was detected. But I have faith in India, its law enforcing agency and the judiciary. I am going to stay put here. �You have black sheep everywhere, in every society. This does not mean you should lose faith in the society. The test of the society is in enforcing the law and bringing the culprit to book,� Bob said.

COMMENTS:

Great coverage. When we talk of Vibrant Gujarat, such cases must be booked and punishment given. Rashesh, Dated : Sunday, November 28, 201005:53 AM

Surprise unbelievable , Amish , Devsh and nisha really what need you people do fraud and here times one mistake he display Amish in Devesh Dodeja photo please publish Devesh Dodeja photo also so people know Master mind Cyber fraud-er Devesh Dodeja...... VIjay, Dated : Saturday, November 27, 201011:08 AM


FIR Served | SearchKing | Devesh Dodeja
A US-based software company has accused three people from city of cheating, siphoning off money and misusing the name of the firm to hive off its clients. . . READ MORE

Devesh Dodeja | Amish Vyas | Nisha Singhal | SearchKing