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The Times of India
The Times of India
National
Mateen Hafeez | TNN

Mumbai: Elderly business owner scammed of Rs 3.3 crore in cyber fraud scheme involving fictitious Ukrainian businesswoman

MUMBAI: A 75-year-old owner of a private company lost Rs 3.3 crore in cyber fraud recently.

A woman, who claimed to be from Ukraine, sent him an email informing him that her company wanted to buy machinery from the businessman’s company. Later, in an email she said that due to the Russia-Ukraine war she would like to start business in India. She claimed to have sent him a box of money which was ‘seized’ by the Jakarta police in Indonesia. To get the money box 'cleared', the businessman was asked to pay various fees and he ended up losing Rs 3.32 crore.

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