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The Economic Times
The Economic Times
Business
Trending Desk

Lulu Group loses Rs 1.64 crore in email fraud: How impersonators used Italian company’s identity to cheat retail giant

Kochi City Police have launched an investigation into an alleged cyber fraud in which unidentified individuals impersonated representatives of an Italian company to cheat Lulu Group of around Rs 1.64 crore. The accused allegedly used email addresses resembling those of a long-standing business partner to send fake invoices and bank details, leading the retail group to transfer money into accounts provided by the fraudsters, officials said on Saturday.

Lulu Group email fraud

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