Ahmedabad Employee Tricked Into Paying Rs 3 Crore in Boss Scam
· India · Indian Express, India Today
An employee at an Ahmedabad firm was defrauded of Rs 3 crore after cybercriminals impersonating his boss instructed him to make an urgent fund transfer. The scammer sent messages from an unknown phone number featuring his employer's photograph while the victim was in his office on September 18. The employee realized he had been conned only after transferring the funds and sending payment confirmation to his actual boss's phone. Prompt action by the police and the national helpline enabled authorities to trace and freeze Rs 2.94 crore of the stolen amount. A court order allowed police to return Rs 2.88 crore to the company, while cybercriminals managed to withdraw Rs 6 lakh at a bank in Jammu and Kashmir.
Why it matters
This case exposes the growing threat of executive impersonation scams targeting corporate employees and highlights how swift police intervention through cyber helplines can recover major stolen funds.
Read the original report — Indian Express
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