Mumbai Company Director Duped of Rs 2 Crore in Cyber Fraud; One Arrested, Funds Frozen
Mumbai cyber police have arrested one person in connection with a cyber fraud that duped the director of a metal business company of Rs 1.99 crore. The arrest was made in Ahmedabad, and authorities have managed to freeze nearly half of the defrauded amount, officials said on Tuesday.
The incident occurred between June 21 and 22 at a company located in the Lamington Road area of south Mumbai. According to police, an employee received a WhatsApp message from a number displaying the photograph of the company director. The sender claimed to be the director and stated it was his personal number. The message instructed the employee to transfer Rs 1.99 crore to an account belonging to another company.
Believing the request to be genuine, the employee processed the transaction. The fraud came to light when the actual director was contacted for confirmation. A case was registered at the Mumbai Cyber Police station, and technical analysis led to the identification and arrest of the accused from Ahmedabad.
Police have urged businesses and individuals to verify any financial requests received through messaging platforms, especially those involving large sums. They also advised implementing dual verification processes for fund transfers. The investigation is ongoing to identify possible links to larger cyber crime networks.
