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Fraudsters use firm owner's WhatsApp DP, dupe company of ₹11 crore
short by Vaishnavi Mishra / on Sunday, 19 July, 2026
A Navi Mumbai jewellery company lost ₹10.7 crore after fraudsters allegedly impersonated its owner on WhatsApp and convinced an accounts executive to transfer funds to multiple bank accounts. The fake account used the owner's photograph but a different phone number. The scam came to light when the owner, during a WhatsApp group call, denied authorising the payments.
read more at Hindustan Times