Man Arrested for Defrauding Bengaluru Firm of ₹6 Crore Posing as Infosys Official
Man booked for duping firm of ₹6 cr by posing as Infosys CSR official
Hindustan Times
Image: Hindustan Times
A man named Gagan N Deep has been arrested for allegedly defrauding Mysore Mercantile Company of ₹6 crore by posing as a Regional Head at Infosys Ltd. He promised to facilitate Corporate Social Responsibility (CSR) funds for projects but failed to deliver, leading to a police investigation in Bengaluru, Karnataka, India.
- 01Gagan N Deep posed as an Infosys official to defraud a company.
- 02The total amount defrauded was ₹6 crore (approximately $720,000 USD).
- 03The fraud involved false promises of CSR funding for charitable projects.
- 04The accused provided fabricated documents to support his claims.
- 05Police are actively investigating the case and seeking to apprehend accomplices.
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In Bengaluru, Karnataka, India, an FIR has been filed against Gagan N Deep for allegedly cheating Mysore Mercantile Company out of ₹6 crore (approximately $720,000 USD) by posing as a Regional Head at Infosys Ltd. The fraud reportedly occurred between September 1, 2025, and March 20, 2026. Deep claimed to facilitate Corporate Social Responsibility (CSR) funds for projects related to the Heggunje Rajeeva Shetty Charitable Trust. He induced the company to pay an Earnest Money Deposit to vendors of Infosys, totaling ₹6 crore, which included demand drafts and cash payments. The accused provided fabricated documents, including a sanction letter and grant agreements for housing and healthcare projects across Karnataka. The complainant later realized the fraudulent nature of the transaction, as no grants materialized and the accused became unresponsive. The police have registered a case under various provisions of the Bharatiya Nyaya Sanhita and are investigating further.
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This incident raises concerns about fraudulent activities targeting businesses, potentially affecting trust in corporate partnerships.
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