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

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.

The ‘Boss Scam’ or CEO impersonation fraud is when fraudsters impersonate senior company officials like CEOs or directors and convince employees to transfer large amounts of money from corporate accounts. According to an advisory by the Indian Cyber Crime Coordination Centre on June 22, 2026, cybercriminals target high-ranking officials and executives by delivering malicious archives via email or WhatsApp under the guise of urgent regulatory compliance. Once executed, the malware compromises the executive's Windows device and active Web WhatsApp sessions, enabling the fraudsters to message subordinate employees and orchestrate fraudulent financial transfers.