Hyderabad CEO duped of Rs 1.2 crore 'WhatsApp Fraud'

A CEO of a company, who is a wife of a former Director General of Police rank official, was duped of Rs. 1.20 crores by cyber fraudsters.

According to the reports, the cyber fraudsters early this month contacted the accountant of the CEO of the company over whatsapp posting the image of the lady as a display picture. The accountant was asked to send Rs.



1.20 crore to a few bank accounts as she was busy with a meeting and could not speak to him.

Believing that the message was sent from the CEO, the accountant transferred Rs. 1.20 crore to the bank accounts provided by the conman. On March 17, again the fraudsters sent a message to the accountant directing him to transfer the funds to some other bank accounts.