Avadi City Police arrest Delhi man in ₹1.90-crore ‘boss scam’
Avadi City Police have arrested a 27-year-old Delhi man for his involvement in a 'boss scam' that defrauded a private company of ₹1.90 crore. The scam involved impersonating a senior executive via WhatsApp to trick an employee into transferring company funds.
Why it matters
This case illustrates the growing prevalence of sophisticated corporate cyber-fraud and the challenges of cross-state law enforcement in digital crime.
Avadi City Police arrest Delhi man in ₹1.90-crore ‘boss scam’ left Image used for representation Getty Images Getty Images https://th-i.thgim.com/public/incoming/ml7zr6/article71595649.ece/alternates/FREE_1200/iStock-157619625%202.jpg RAPIDEYE Handcuffs over newspaper with the word fraud ‘Boss scam’ is an online fraud in which criminals impersonate a company’s managing director, CEO, or senior executive and trick an employee into transferring company funds to a bank account controlled by the fraudsters CHENNAI The Cyber Crime Wing of Avadi City Police has arrested a 27-year-old man from Delhi in connection with a ‘boss scam’, an online fraud, in which ₹1.90 crore was allegedly transferred from the account of a private company operating in Ambattur Industrial Estate. ‘Boss scam’ is an online fraud in which criminals impersonate a company’s managing director, CEO, or senior executive and trick an employee into transferring company funds to a bank account controlled by the fraudsters.
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