Hero FinCorp cyber fraud case: Five arrested, Rs 1.7 crore put on hold

The IFSO Unit of Delhi Police's Special Cell has arrested five people, including a bank relationship manager, in connection with an alleged Rs 12.84 crore cyber fraud targeting Hero FinCorp Ltd, while Rs 1.7 crore of the cheated amount has been put on hold, officials said. The case was registered on a complaint by Hero FinCorp Ltd, a registered Non-Banking Finance Company (NBFC), after the company detected unauthorised debit transactions from its corporate bank account through system alerts from...