Mumbai Firm Loses Rs 4.4 crore; New WhatsApp DP Scam On The Rise

For the past few days , cybercrime has been on the rise. The latest addition could be a Mumbai official who got tricked into transferring huge funds.

The official lost about 4.4 crore in this scams. Reportedly, the fraudster impersonated as an executive director of a top engineering and machine manufacturing company. Let's get a detailed insight at what went wrong.

Beware of WhatsApp DP scam

So what happened and how was the scam executed? A fraudster faked as a company executive director. He then drew a huge amount from another company official by sending a WhatsApp message to the victim from a new number.

The official got tricked into transferring funds. The WhatsApp message sent by the fraudster faking as an executive director mentioned ‘poor internet connectivity'. He thought that the company's executive director was on a business tour at the time. Due to this a new number was being used. Believing it was really the executive director, the company official sent Rs 4.4 crore to three bank accounts . The fake WhatsApp message came on January 7 from the unknown number. There was a photo of the executive director as a DP.

A day later, the fraudster again asked for the balance in the company's account. The victim received a message stating that "important business deal". Again the scammer asked for Rs 2.6 crore as an advance payment. This eventually raised doubt and the victim finally made a complaint.

The safety nets

So, how can you stay safe from such scams? Given below are some safety steps which you can take. These steps will help you to stay safe from such fraudulent activities;

Do not share personal details with unknown contacts

Never save unknown contacts.

In case you receive some suspicious links, avoid clicking on those.

If you find any suspicious activities, instantly report to government officials.