Myntra loses Rs 1.1 crore to ‘refund’ scam: Jaipur to Bengaluru — how the scammers operated

Flipkart-owned fashion website Myntra has become the latest victim of a sophisticated refund scam that has cost the company millions of rupees. Fraudsters have exploited the company’s customer-friendly refund policies to defraud the company. The multi-crore fraud came to light during the audit.