“The accounts officer of a Hyderabad-based company received a WhatsApp message saying ‘Send Rs 1.95 crore to this account’ and immediately sent the money. The message came from the name of the company’s managing director and his profile picture was also there. But after sending the money, it was discovered that it was a fraud trap.

However, the Telangana Cyber ​​Crime Department was able to recover the entire amount with quick action.

The accounts officer of the Hyderabad-based company received a WhatsApp message asking him to send Rs 1.95 crore as advance payment for a project to a specific account. The message appeared to be from the company’s chairman and managing director. Since his profile picture and name were there, the officer transferred the money without any suspicion. But later it was found that it was a message sent from a fake account, which was created by the fraudsters in the form of the managing director’s profile.

A short while after sending the money, a notification was sent from the bank to the real managing director of the company The whole incident became clear when he contacted the accounts officer. The managing director said that he had never given any such instructions. After that, a complaint was quickly filed with the Telangana Cyber ​​Crime Department and the National Cyber ​​Crime Reporting Portal. Fortunately, the fraudsters had not withdrawn the money in cash yet. As a result, the entire Rs 1.95 crore was able to be returned to the company’s account by 1 am.

Last week, fraudsters had looted Rs 1 crore from a woman in Hyderabad by luring her to invest in the stock market. Even celebrities are not immune to such cyber fraud. In December last year, the Cyber ​​Crime Coordination Centre had blocked 60,000 WhatsApp accounts for being involved in fraud. This incident proves how meticulously cyber criminals are planning and carrying out fraud.

The Telangana Cyber ​​Crime Department said that the transaction was tracked through the National Cyber ​​Crime Reporting Portal and prompt action was taken. An investigation has been launched to catch the fraudsters. A police official said, “To prevent such frauds, the general public needs to be vigilant. It is important to verify the identity of the sender before making any major transaction.”

The incident has once again highlighted the importance of cyber security. The agency is now planning to strengthen its internal security measures to avoid such frauds in the future.