Former director of corporate firm loses Rs 25 cr in cyber fraud

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The officer said that they have frozen several bank accounts in which the money had been transferred, however, by then a major amount had been transferred by the fraudsters.

THE MUMBAI cyber police registered an FIR earlier this month when the former director of a corporate firm lost nearly Rs 25 crore in a cyber fraud that took place between February 6 and April 3.

An officer said that the complainant, a senior citizen from the western suburbs, said that she received multiple calls from WhatsApp numbers, which said that her name had come up in a money laundering case.

The fraudster posed as a police officer and transferred the call to another person who claimed to be a CBI officer. Under various pretexts, they forced her to transfer Rs 25 crore to several bank accounts over two months before she realised that she had been duped.

An officer from the cyber police said that they registered an FIR on April 10. The officer said that they have frozen several bank accounts in which the money had been transferred, however, by then a major amount had been transferred by the fraudsters.