A 39-year-old director of a Mohammedwadi-based firm, which operates in IT services and dry fruit imports, was duped into transferring ₹6.49 crore following a sophisticated Man-in-the-Middle (MitM) cyberattack on March 27. In a MitM scam, cybercriminals secretly intercept communications between two parties, impersonating one to deceive the other, often stealing sensitive information or funds.
According to investigators, the company director was at his residence near NIBM Road when he received what appeared to be a legitimate payment request via email from a business associate. Trusting the authenticity, he initiated the payment and even instructed his bank to process it. However, when he later contacted the exporter to confirm receipt, they denied getting any money.
Upon closer inspection, the director discovered subtle changes in the sender’s email ID and bank account details — just one letter altered in the email address and a different bank account number. These minor discrepancies went unnoticed initially, police said.
Senior Inspector Swapnali Shinde of the Cyber Police told TOI, “It has two divisions, one for IT services and another for importing dry fruits. The company director would import the dry fruits from different countries, including the United States and those in th
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