One held in alleged cyber fraud case in Kozhikode
Kozhikode police have arrested a 27-year-old man involved in a 50-lakh rupee cyber fraud case. The scam involved impersonating a company director on WhatsApp to trick an accountant into transferring funds.
Why it matters
This case highlights the rising threat of sophisticated digital impersonation and financial fraud targeting corporate entities.
The Kozhikode City cyber police have arrested a 27-year-old man in connection with an alleged ₹50-lakh cyber fraud in which scammers impersonated the managing director of a private company and tricked its accountant into transferring funds through Real Time Gross Settlement (RTGS).
The article is a straightforward crime report based on police statements.
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