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Delhi College Accountant Duped Of Rs 80 Lakh In 'Boss Fraud'

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What happened: An accountant at Chanderprabhu Jain College of Higher Studies and School of Law in Delhi's Narela was duped of Rs 80 lakh in a "boss fraud," according to NDTV. The college is run by Rishi Aurobindo Educational Society. Key numbers: Rs 80 lakh reported lost. Why it matters: The report describes a "boss fraud" scheme targeting a college accountant, a type of scam in which a person is tricked into acting on instructions that appear to come from a superior.
An accountant at Chanderprabhu Jain College of Higher Studies and School of Law in Delhi's Narela was duped of Rs 80 lakh in a "boss fraud," according to NDTV. The college is run by Rishi Aurobindo Educational Society.
The report describes a "boss fraud" scheme targeting a college accountant, a type of scam in which a person is tricked into acting on instructions that appear to come from a superior.
Sources