Fraudsters impersonate firm director, dupe bank manager to transfer Rs 48.37 lakh

The Mumbai Crime Branch’s south cyber police have registered a case after unknown fraudsters allegedly impersonated the director of a private limited company and duped a 56-year-old chief manager of a co-operative bank into transferring Rs 48.37 lakh to five different bank accounts.

Police stated that the money transferred by the manager belonged to the private company, however, after the director raised the issue, his money was refunded by the bank. Following this, the manager lodged a complaint with the police.