Scamsters posing as Adar Poonawala dupe Serum Institute of India of over ₹1 crore

12 September, 2022 | Vaishali Sharma

serum institute of india Headlines

According to officials, a FIR has been filed against certain unidentified individuals for defrauding the Serum Institute of India for more than Rs. 1 million. The scammers used the name of the SII&...

According to officials, a FIR has been filed against certain unidentified individuals for defrauding the Serum Institute of India for more than Rs. 1 million.

The scammers used the name of the SII’s CEO, Adar Poonawala, to defraud the institute. The issue was only revealed after one of the directors, Satish Deshpande, transferred a large sum of money. According to government records, the scammers pretended to be Poonawala and sent WhatsApp messages to Deshpande, requesting that money be sent to various bank accounts urgently.

Believing that the messages were from Adar Poonawala, the finance department sent more than Rs. 1,01, 01,554 crore to those accounts in various transactions, only to discover later that the SII had been deceived.

“After realising that Adar Poonawala had never asked for such transfers or sent messages to the Finance Manager of SII made a written complaint in Bundgarden police station and later, police registered an FIR under the section of IPC 419, 420,34 and IT Act for probing the case further,” said Pune Police.

The transactions were made on September 7 and 8 this year.