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History always repea... • 7m

🚨 Cyber scam: Fake CEO profiles scammed Startup companies of Rs 7 crore 🚨 😭 Scammers are creating fake WhatsApp accounts using profile pictures of company heads, often sourced from social media or company websites. They impersonate high-ranking officials like CEOs or managing directors and target accountants or financial officers to request urgent fund transfers, claiming high-priority projects or critical meetings. 🚀 Key Cases: 💫 Case 1: A company's accounts manager transferred ₹1.15 crore after receiving a fake request citing urgency for a new project. 💫 Case 2: A CFO was duped of ₹4.96 crore in two transactions, manipulated with references to government contracts. 💫 Case 3: An accountant was tricked into transferring ₹90 lakh in two payments by a fraudster posing as the director's brother. 🥲 Total Loss: ₹7+ crore in two weeks. 🤓 Modus Operandi: 🧬 Fake WhatsApp accounts use company logos and executive pictures. 🧬 Scammers provide fake beneficiary details and apply pressure tactics to rush payments. 🫂 Preventive Measures: 🇮🇳 Verify fund requests with senior officials directly. 🇮🇳 Train employees to recognize impersonation attempts. 🇮🇳 Use multi-level approval systems for high-value transactions. 🇮🇳 Report suspicious communication immediately. 🚔 Police Appeal: ☁️ Authorities urge companies to enforce stringent verification protocols to avoid falling victim to such scams.

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