Home / Mumbai / Mumbai News / Article /
Mumbai: Financial firm staffer saves leading enterprise from cyber fraud
Updated On: 23 February, 2023 05:38 AM IST | Mumbai | Faizan Khan
Shapoorji Pallonji Group files plaint after someone creates its fake email ID, steals confidential documents and forwards them to financial co that recently sanctioned its subsidiary a Rs 115-cr loan
Listen to this article :
The financial company that received the fraudster’s email had not transferred the loan amount to the Shapoorji Pallonji Group’s subsidiary. Representation pic
A leading conglomerate firm was recently saved from cyber fraud, which could have caused it losses in crores of rupees, and also stopped its ongoing project for the Uttar Pradesh government, thanks to an alert employee from a financial company. The Shapoorji Pallonji Group filed a complaint with Colaba police on Sunday alleging that an unknown person created a fake email ID of the company, and stole some confidential documents.
The complaint further said that the person forwarded the documents to a financial company that recently sanctioned a loan of Rs 115 crore to the group’s subsidiary, Kanpur River Management Pvt. Ltd, which is building a sewage water treatment plant in Uttar Pradesh for the government. As per the complaint filed at the Colaba police station, to complete the project on time, the company had discussed a loan of Rs 115 crore from PTC Indian Financial Services, and it had been sanctioned, but the amount had not been credited.
Trending Stories
Latest Photos
Latest Videos
Latest Web Stories
ADVERTISEMENT
Mid-Day Fast
ADVERTISEMENT
ADVERTISEMENT