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.
Hey I am on Medial • 11d
🧾 The Curious Case of Unused Billions in India In June 2024, SEBI ordered Jane Street to return ₹4,843 crore earned via alleged Nifty expiry manipulation. But even if recovered, the money won’t go to investors—it’ll sit in SEBI’s Investor Protection
See MoreHey I am on Medial • 1y
The Delhi High Court on Friday permitted payment app BharatPe's former MD Ashneer Grover and his wife, facing prosecution in a cheating and forgery case, to travel abroad by directing them to furnish a surety of Rs 80 crore each. Lagta hai ashneer b
See More22, CEO at Mayaresea... • 1m
We're launching Veena TTS 🪕 on June 20 Our flagship text-to-speech model for Indian languages 🇮🇳 Natural, expressive, and actually sounds like us. We’re launching two models: Veena Lite >Open-source and lightweight >4 unique, natural-sounding
See MoreContent creator • 5m
Sugar Cosmetics was founded by Vinita Singh and kaushik Mukherjee in 2012. Vinita and her co founder inspired to start Sugar Cosmetics by the beauty subscription business in US and UK. Vinita and kaushik's vision to start Sugar Cosmetics is to deli
See MoreDownload the medial app to read full posts, comements and news.