STOCK MARKET BSE NSE

Online fraud: Nigerians dupe private firm MD of Rs 53 lakh

A private firm which supplies material to DRDL was duped by Nigerian fraudsters.

Published: 26th June 2021 07:54 AM  |   Last Updated: 26th June 2021 07:54 AM   |  A+A-

Cyber Crime

For representational purposes (Express Illustrations)

By Express News Service

HYDERABAD:  A private firm which supplies material to DRDL was duped by Nigerian fraudsters.

The Managing Director (MD) of the company filed a complaint with the police stating that he lost Rs 53 lakh in online fraud.

KVM Prasad, ACP (Cybercrime), said, “The Hyderabad-based company had paid $29,250 in advance and the remaining 70 per cent was to be paid later. The hackers who learnt about the business deal, sent an email to the company MD and asked to transfer the remaining 70 per cent to a new account.” 



Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

edexworks
flipboard facebook twitter whatsapp