The scam involves impersonating a company's CEO

Jul 20, 2026

03:29 pm

What's the storyThe Securities and Exchange Board of India (SEBI) has issued a warning about a new cyber fraud targeting finance employees in Indian companies.

The scam, dubbed the "Boss Scam" or CEO impersonation fraud, involves a perpetrator posing as a company's CEO or Managing Director (MD) and requesting an urgent fund transfer.