Manappuram Finance duped of Rs 30 lakh

Hyderabad: Fraudsters duped Manappuram Finance Limited of Rs 30 lakh after collecting identity details and passwords of two of its employees associated with gold loan schemes. According to police, the conmen introduced themselves as executives from the head office and collected details of the account and password maintained by two employees working in the gold […]

Hyderabad: Fraudsters duped Manappuram Finance Limited of Rs 30 lakh after collecting identity details and passwords of two of its employees associated with gold loan schemes.

According to police, the conmen introduced themselves as executives from the head office and collected details of the account and password maintained by two employees working in the gold loan branch. “After collecting the details, the conmen transferred Rs 30 lakh into a bank account towards a gold loan. However, the company officials found that as against practice, gold was not deposited in the branch but money was transferred to the account,” cybercrime police officials said.

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After an internal enquiry, the management lodged a complaint following which the police have booked a case and are investigating.

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