DNA
- The man from Kolkata wanted to create a panic so that stock prices would fall
Mumbai, Oct 18: To recover his losses, Dineshkumar Gupta wanted to bring down the rising trend of sensex by creating panic and for this he used internet as a tool. The Cyber Crime Investigation Cell (CCIC) of the Crime Branch nabbed the 34-year-old man from Kolkata, who had allegedly sent an e-mail on Monday October 15, threatening to bomb the National Stock Exchange (NSE) and Bombay Stock Exchange within 48 hours. He was arrested within 24 hours of having sent the e-mail.
On Monday afternoon, assistant vice-president of NSE had received a threatening e-mail. The man who sent the e-mail identified himself as Abdul Reshan, claiming to be an Inter Services Intelligence (ISI) agent.
During the investigation, the Internet Protocol address from where the e-mail was sent was traced to a cyber café in Kolkata. A team of city police on Tuesday October 16, went to Kolkata and arrested Gupta.
Explaining Gupta’s motive behind sending the e-mail, Joint-Commissioner of Police (crime) Rakesh Maria said, “Gupta had recently started dabbling in the stock market and had suffered losses of around Rs 37,000. He thought that if he sent a threatening e-mail to some official in stock market, it would create a panic bringing down the prices of shares. He would then purchase the shares at lower rates and make profit as soon as the prices go up.”
The police have booked Gupta under section 506 (II) of the Indian Penal Code for criminal intimidation with threat to cause death or grievous hurt. He was produced before a local court on Wednesday, which remanded him to police custody.
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