A Businessman Lost $10,500 In A Email Scam

A businessman lost $10,500 by sending money to a wrong account located in Austria. Hackers who changed the account information in an email sent to a Canada-based company to get the payment made to their account.

The victim approached cyber cell of city police’s crime branch on Monday. Investigators said that they have started probe on the basis of the IP addresses provided by the victim in the case.

According to police investigator Rahul Sheth said that, ” A resident of Pranav Bungalows in Satellite, is joint owner of Narol-based Shree Ambica Geotex, a firm specializing in plastic fabrication. As per Sheth’s complaint, somebody hacked into the company’s email account on or before September 13 to draft a mail.”


“The email in name of Sheth, sent to Atlantic Coated Papers Ltd, a firm based in Canada, mentioned that they have changed the payment method and instead gave account number of Austria-based BAWAG PSK Bank for transfer of Rs 70 lakh. When Sheth followed up with the firm on the payment, it was revealed that the payment had been made to the account number specified,” he added.

According to inspector of cyber cell J S Gedam said that, they have sought details of the IP addresses used in the incident from service providers to ascertain their location.

“The hackers have used the Austria-based bank, but than doesn’t mean they are based there,” said a cyber cell official.

Source: TimeOfIndia.IndianTimes

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