Fake CSR Deal: Man posing as Infosys executive accused of ₹6 Cr fraud

An FIR has been registered against a man and his associates for allegedly cheating a company of nearly ₹6 crore by posing as representatives of a leading IT firm and promising to secure Corporate Social Responsibility (CSR) funds , police said on Friday.

The case, registered at the Devanahalli Police Station on March 30, follows a complaint filed by Mysore Mercantile Company after what it described as a months-long fraud between September 1, 2025, and March 20, 2026 .

According to the FIR, the prime accused, identified as Gagan N Deep , allegedly approached the company claiming to be the Regional Head (CSR) at Infosys Ltd . He reportedly told the complainant that he reported to senior officials within the company, including a Senior Regional Manager and a Senior Vice President overseeing infrastructure and CSR initiatives.

Police said the accused expressed interest in projects undertaken by the firm’s associated trust, the Heggunje Rajeeva Shetty Charitable Trust , and assured them of facilitating substantial CSR funding from Infosys. To bolster credibility, he allegedly sent a team of four to five individuals posing as company representatives to locations including Udupi and Mangaluru to assess the trust’s activities.

The complainant alleged that the accused later induced them to pay an Earnest Money Deposit (EMD) , purportedly required for approval of CSR grants. Acting on these assurances, the firm transferred large sums through demand drafts ₹1.75 crore to Anitha Ventures and ₹3.75 crore to ANS Engineerings in addition to ₹30 lakh in cash , which was allegedly handed over via the accused’s driver near a hotel in Devanahalli.

To further the deception, the accused allegedly issued a fabricated sanction letter dated October 21, 2025 , bearing the purported signature of a senior Infosys official. The FIR also mentions two fraudulent grant agreements , dated January 8 and January 13, 2026, promising funding of ₹179 crore for housing projects and ₹178 crore for primary healthcare centres across Karnataka.

However, suspicions arose when no funds were disbursed and the accused became unresponsive. The complainant later concluded that the documents were forged and that the entire arrangement was a well-orchestrated fraud aimed at extracting money under false pretences.

Police have registered the case under multiple provisions of the Bharatiya Nyaya Sanhita (BNS) , including sections related to criminal breach of trust, cheating by personation, and forgery for the purpose of cheating . Authorities said efforts are underway to trace and apprehend the accused , and further investigation is in progress.