Top

Hyderabad: Two Arrested in QR Code Scam

Hyderabad: The Cyberabad economic offences wing (EOW) police arrested two persons for committing criminal breach of trust and cheating their employer, Isthara Parks Private Limited. Yasireddy Anil Kumar and Mandala Raj Kumar, floor managers, allegedly replaced the company's QR codes with fake ones to divert customer payments into their personal accounts. The loss was estimated at `4.15 crore. Anil Kumar confessed that they used the money to purchase a plot, repay debts, and distribute funds to colleagues who assisted in the fraud, said.

( Source : Deccan Chronicle )
Next Story