Fraudsters dupe finance manager of over 40 lakh | Hyderabad News


Fraudsters dupe finance manager of over 40 lakh

Hyderabad: Fraudsters posing as managing director of a city-based aluminium fabrication company duped its finance manager into transferring over 40 lakh by using the executive’s display picture and name on WhatsApp. On the victim’s complaint, Malkajgiri cyber crime police booked a case on Thursday.According to police, the 62-year-old finance manager lodged a complaint stating that on April 28 he received WhatsApp messages that appeared to have been sent by the company’s managing director. The message sender had the display picture (DP) and name of the MD, and the finance manager thought it was a genuine message.Believing the instructions in the message to be authentic, the finance manager transferred 36.8 lakh on April 28 to a bank account provided by the fraudster. On the following day, he received another message from the same WhatsApp account. The finance manager was instructed to transfer an additional 3.28 lakh, and he complied.The fraud came to light when the finance manager later verified the transactions with the managing director and realised that an unknown offender had duped him. The complainant also told police that they also found an APK file titled ‘Rto Traffic EChallan.apk’ installed on the managing director’s phone. As such APK files provide remote access to the device to cyber fraudsters, the complainant alleged that the accused might have accessed his MD’s photo and contacts from his phone and used those details to carry out the fraud.Based on the complaint, Malkajgiri cyber crime police registered a case under relevant sections of the BNS and the IT Act on Thursday.



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