Product Head of MNC in Bengaluru Loses Rs 51.29 Lakh in Cyber Scam

A product head of a multinational corporation (MNC) in Bengaluru fell victim to a cyber scam and lost Rs 51.29 lakh. The cybercriminals posed as officials from FedEx courier service and Mumbai police and placed the woman under “digital arrest for 10 hours”.

The scammers threatened to arrest her if she did not cooperate with the investigation and transferred money from her account to various other accounts. The woman lost Rs 49,92,921 from a loan from her ICICI bank account and the rest from her salary account.

This incident highlights the need for individuals and organizations to be vigilant and cautious when dealing with unknown callers or emails. It is important to verify the authenticity of the caller or email before sharing any personal or financial information.

Cyber scams have become increasingly common in recent years, with scammers using various tactics to trick individuals into sharing their personal and financial information. It is important to stay informed and educated about the latest scams and to take necessary precautions to protect oneself from falling victim to such scams.

If you suspect that you have fallen victim to a cyber scam, it is important to report it to the relevant authorities and take necessary steps to minimize the damage.