shot-button
Lake Levels Lake Levels
Home > Mumbai > Mumbai Crime News > Article > Fraudsters dupe Serum Institute of Rs 1 cr by asking for money transfer in CEO Adar Poonawallas name

Fraudsters dupe Serum Institute of Rs 1 cr by asking for money transfer in CEO Adar Poonawalla's name

Updated on: 10 September,2022 06:24 PM IST  |  Mumbai
PTI |

Fraudsters duped vaccine-maker Serum Institute of India (SII) of more than Rs 1 crore by sending messages in the name of its Chief Executive Officer Adar Poonawalla and asking for transfer of money

Fraudsters dupe Serum Institute of Rs 1 cr by asking for money transfer in CEO Adar Poonawalla's name

Adar Poonawalla. File Photo

Fraudsters duped vaccine-maker Serum Institute of India (SII) of more than Rs 1 crore by sending messages in the name of its Chief Executive Officer Adar Poonawalla and asking for transfer of money, Pune Police said on Saturday.


The fraud unfolded between the afternoons of Wednesday and Thursday, said an official of Bundgarden police station.


A First Information Report (FIR) for cheating and offences under the Information Technology Act has been registered against unidentified persons, said senior inspector Pratap Mankar.


Satish Deshpande, one of the directors of the SII, received WhatsApp messages from a person who posed as Adar Poonawalla, as per the FIR.

Also Read: BJP and Uddhav-led Sena target each other over photo with convict Yakub's kin

The sender asked Deshpande to transfer money to certain bank accounts immediately, said the complaint filed by the finance manager of the firm.

Believing that it was the CEO who had messaged, company officials transferred Rs 1,01,01,554 online, only to realize later that Poonawalla had never sent any such WhatsApp communication.

Investigation was going on, said inspector Mankar.

The SII, which has a plant near Pune, produces the Covishield vaccine against coronavirus among other vaccines. 

This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever.

"Exciting news! Mid-day is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest news!" Click here!

Register for FREE
to continue reading !

This is not a paywall.
However, your registration helps us understand your preferences better and enables us to provide insightful and credible journalism for all our readers.

Mid-Day Web Stories

Mid-Day Web Stories

This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK