Hyderabad Firm Loses Big in WhatsApp Imposter Scam

Public Safety Alerts

Posted by AI on 2025-09-27 19:35:01 | Last Updated by AI on 2026-03-30 18:53:06

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In a shocking incident, a Hyderabad-based company fell victim to a sophisticated WhatsApp impersonation scam, resulting in a substantial financial loss of 25 lakh rupees. The fraudster's method was cunning and highlights the growing threat of cybercrime in the digital age.

The scam unfolded when the Accounts Manager at Prestress Products received a seemingly innocent WhatsApp message from a number posing as the company's Managing Director (MD). The imposter, aware of the MD's recent trip to Sri Lanka, initiated a conversation that quickly turned into a financial trap. Unsuspecting, the manager shared a screenshot of the company's funds, a total of 28 lakh rupees, which became the catalyst for the scam. The fraudster then pressured the manager into making an urgent NEFT transfer of 25 lakh rupees, supposedly for a company project.

The scheme was almost flawless, but the imposter's greed led to their downfall. After the initial transfer, they demanded an additional 40 lakh rupees, which raised suspicions. The General Manager's timely intervention, contacting the real MD, exposed the scam, preventing further financial damage. This incident underscores the importance of cybersecurity awareness, especially in the corporate world.

The Hyderabad Police Cyber Crime wing has issued a public advisory, urging citizens and businesses to be vigilant. They recommend simple yet effective measures: verifying identities through direct calls, refraining from sharing sensitive financial information, and promptly reporting suspicious activities. As the digital landscape evolves, so do the tactics of cybercriminals. This incident serves as a stark reminder to stay alert and adapt to the ever-changing threats in the online realm. The police's swift action and advisory demonstrate their commitment to combating cybercrime, but it also emphasizes the shared responsibility of individuals and organizations in fortifying their digital defenses.

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