A chief executive officer’s (CEO’s) email account was hacked and the company was duped of Rs54.39 lakh by cyber fraudsters. The incident took place between August 24 and August 26, said police.
The multinational company makes paper cup products and is located at Talegaon MIDC (Maharashtra Industrial Development Corporation) in Pune. The 46-year-old complainant, according to officials, is an employee who handles the financial transactions of the company.
A cyber-fraudster allegedly hacked into the email account of the CEO, sending emails to the accounts department and making the latter transfer Rs54.39 lakh to an unknown account.
The complainant received an email from his CEO’s official email ID asking him to transfer money from their private bank account to another account. The employee did as he was asked.
He had transferred a total of Rs54.39 lakh in five different bank transactions to the account number given by his CEO based in Italy mentioned in her mail. When the employee informed about the payment to the CEO, she denied sending any email and asked them to contact the respective bank to stop transactions.
