The latest online scam is inspired by the Satyam fraud case. Mumbai-based Bhavesh Desai received an email allegedly from Radha Ramalinga, sister-in-law of B Ramalinga Raju, former chairman, founder and owner of Satyam Computers. In the mail, the writer requests help to get funds from a foreign destination to India so that the Ramalinga family can use it. The writer mentions that she is in United Kingdom and assures a compensation for the assistance. The writer does not even forget to provide her email ID (fictitious). A cyber expert on condition of anonymity said, "India's growing internet population is becoming a target for fraudsters. Online frauds are common; banks as well as merchants are facing a challenging time." Additional Commissioner of Police (EOW) Sanjay Saxena admitted that online frauds have increased and cautioned the public to be alert. "The email in question (Satyam) clearly mentions foreign currency transfer. As the Satyam case is being probed by the CBI and even otherwise, funds cannot be directly transferred from one country to the other without necessary permissions from the regulatory authorities, including Reserve Bank of India," Saxena said.

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The latest online scam is inspired by the Satyam fraud case

New online scam uses Satyam

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New online scam uses Satyam

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