📷 Image: Wikimedia Commons / Prince Roy
Crime
Four arrested in ₹6.80 crore "boss scam" after fake director duped accountant
✍️ Bhaskar English
🗓 03 Sep 2026, 01:32 AM
👁 212
Police have busted a ₹6.80 crore fraud scheme that involved a bogus director deceiving an accountant, and have arrested four suspects after tracing money through about 250 bank accounts.
A financial fraud worth approximately ₹6.80 crore was uncovered by law enforcement officials, leading to the arrest of four individuals suspected of orchestrating the scheme. The investigation revealed that a person posing as a company director had convinced an accountant to facilitate the transfer of funds, creating a complex web of transactions.
Authorities traced the money flow through roughly 250 separate bank accounts, indicating a deliberate attempt to conceal the origin and destination of the proceeds. The intricate network of accounts spanned multiple financial institutions, complicating the detection process.
The four arrested persons are currently in police custody, and further interrogation is expected to uncover additional accomplices and the ultimate beneficiaries of the illicit funds. The case underscores the growing sophistication of financial scams in the country and the need for vigilant oversight.
Police have informed the public that they will continue to monitor similar fraudulent activities and encourage anyone with related information to come forward.
Authorities traced the money flow through roughly 250 separate bank accounts, indicating a deliberate attempt to conceal the origin and destination of the proceeds. The intricate network of accounts spanned multiple financial institutions, complicating the detection process.
The four arrested persons are currently in police custody, and further interrogation is expected to uncover additional accomplices and the ultimate beneficiaries of the illicit funds. The case underscores the growing sophistication of financial scams in the country and the need for vigilant oversight.
Police have informed the public that they will continue to monitor similar fraudulent activities and encourage anyone with related information to come forward.