🚀 Business & Startups🇮🇳 India
SEBI Warns Companies About the 'Boss Scam' — Fraudsters Posing as CEOs to Steal Funds
mint - companies·Saturday, 18 July 2026
SEBI has issued a public caution to listed companies and regulated entities about a cyber fraud called the 'Boss Scam', where criminals impersonate CEOs, MDs, and other senior executives to trick finance employees into transferring money. The regulator flagged this as an active threat to corporate India. No specific cases or loss figures were mentioned in the advisory.
Why It Matters
Any employee who handles payments or works in finance at a company could be a direct target of this scam — it is not just an IT problem.
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