The Hindu·3 min read·medium

Mumbai Cybercrime police arrest two from Bihar, Jharkhand in ₹48.60 lakh Boss scam

Y
Yohaan Varghese
Mumbai Cybercrime police arrest two from Bihar, Jharkhand in ₹48.60 lakh Boss scam
AI Summary

Mumbai police have arrested two individuals involved in a 'Boss scam' where fraudsters impersonated a CEO to trick an accountant into transferring nearly ₹49 lakh. The investigation links the suspects to multiple similar cybercrimes across India.

Why it matters

This case highlights the growing threat of sophisticated CEO impersonation fraud and the importance of cybersecurity awareness in corporate environments.

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Mumbai police’s cybercrime department has arrested two people from Bihar and Jharkhand for allegedly defrauding an accountant of ₹48.60 lakh in a ‘Boss scam’ between August 14 and August 16, in which the accused impersonated the complainant’s CEO on WhatsApp. It was also found that the accused were allegedly linked to almost seven similar cases across India.

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The article is a straightforward report on a criminal investigation and police advisory.

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