Cyber fraudsters dupe stationery manufacturing company of Rs 13 lakh in Mumbai

Mumbai | Friday | 23rd March, 2018

Summary:

MUMBAI: A stationery manufacturing company was defrauded of Rs 13 lakh in what is suspected to be a case of spear phishing . Later when he came across the CEO, Agarwal informed him of the bank transfer. The mail instructed Agarwal to transfer a sum of Rs 13.22 lakh from the company's bank account to an account with another private bank. An FIR was lodged on March 20.The police double checked and found that the CEO hadn't written the email. The CEO however said that he had sent no such email," said a police officer..