Fake Income Department Tax Mail Leads to Rs 60 Lakh Cyber Fraud at Ahmedabad Company



Quick Summary
An Ahmedabad-based company, Jagat Agrotech Private Limited, has been defrauded of Rs 60 lakh due to a complex cyber scam. Fraudsters sent a fake email impersonating the Income Tax Department, which contained malware that gave them remote access to the company accountant's computer. They then compromised the accountant's WhatsApp, impersonated the company director, and instructed the accountant to transfer the money. The fraud was only discovered the following day when the real director inquired about a different transaction.

In a chilling reminder of how sophisticated cyber frauds have become, an Ahmedabad-based company, Jagat Agrotech Private Limited, was duped of Rs 60 lakh after receiving a fake email impersonating the Income Tax Department. The elaborate scam, which unfolded in September, combined phishing, malware
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1 Year PLAN
1999
(Excl. of GST ₹359)

BEST VALUE
2 Years PLAN
3499
(Excl. of GST ₹629)

3 Months PLAN
999
(Excl. of GST ₹179)

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FAQ :

Jagat Agrotech Private Limited was defrauded of Rs 60 lakh.

They sent a fake email impersonating the Income Tax Department, which contained malware. They then used WhatsApp to impersonate the company director and instructed the accountant to make a bank transfer.

The fraudsters initially contacted the company via a fake email that appeared to be from the Income Tax Department.

The fake email contained a link with malware, which, when clicked by the accountant, gave the fraudsters remote access to his computer system.

The fraud was discovered the day after the money transfer when the company director contacted the accountant about a different transaction, revealing inconsistencies.

Taxpayers should verify official communications only through government domains ending in @incometax.gov.in and avoid clicking suspicious links. Report cyber frauds immediately to the 1930 helpline or cybercrime.gov.in.




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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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