A major corporate fraud and data misuse case has emerged from Rajpur police station area in Dehradun, where allegations of fraud worth around ₹2.5 crore have been made in the name of a software deal. Based on a complaint filed by a digital marketing company located at IT Park, Sahastradhara Road, a case has been registered against four individuals linked to Kerala and Karnataka, along with a private company. The complaint includes serious allegations of fraud, defamation, and misuse of confidential data, triggering concern in the corporate and IT sectors.
According to the complainant company, Infomo Digital Media Private Limited, represented by director Raghavendra Agrawal, the dispute began in 2020 when a software deal was proposed with its holding entity, Infomo Global Limited (Singapore). The deal involved the sale and development of a software product called “Nantium Software.” It is alleged that under this agreement, ₹35 lakh in cash and shares worth approximately ₹2.5 crore (17.5 lakh shares) were transferred to the accused parties.
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However, after receiving the payment and shares, the accused allegedly failed to provide the software’s source code. As a result, the software did not function as expected, leading to the failure of the entire project and causing significant financial loss to the company. The complainant claims that the entire arrangement was a planned fraud executed under the guise of investment and business development.
The complaint further alleges that after the transaction, the accused began demanding additional payments and exerted pressure on the company to extract more money. When these demands were not fulfilled, it is alleged that a defamation campaign was launched against the company and its directors. This included the circulation of misleading emails and the use of digital platforms to spread false information.
Serious allegations have also been made regarding data misuse. The complaint states that sensitive documents belonging to company directors, including passports and driving licenses, were shared without authorization. This has raised concerns over data privacy violations and cybersecurity breaches, bringing the case under both cybercrime and corporate fraud investigations.
The company stated that two legal notices were issued in July 2025 in an attempt to resolve the dispute, but no satisfactory response was received from the accused. Following this, the matter was escalated to the police, and Rajpur police station registered a First Information Report and initiated an investigation.
Police officials confirmed that the accused include individuals identified as Samdeep Varghese, Dilip Ramchandra Adiga, Sanju Puliyankalath, Hrishikesh Menon, along with MN Shetty Technology Private Limited. Their roles in the alleged fraud are being examined, and investigators are currently analyzing digital transactions, email communications, and financial records linked to the case.
This case highlights not only allegations of financial fraud but also raises serious questions about corporate data security and transparency in software-related business agreements. Experts suggest that unclear contractual terms regarding source code delivery and technical obligations can expose investors to significant risks in such deals.
Authorities are currently conducting a detailed investigation, and all digital evidence is being secured for further examination. Police have stated that appropriate legal action will follow once the investigation is completed. The case is being considered one of the most significant corporate fraud incidents reported in Uttarakhand’s IT sector in recent years.
