Lulu Group loses Rs 1.64 crore in email fraud: How impersonators used Italian company’s identity to cheat retail giant
Lulu Group email fraud: Kochi City Police have registered a case and launched an investigation into an alleged email impersonation fraud in which unidentified persons posing as representatives of an Italian company cheated Lulu Group of around Rs 1.64 crore. According to the FIR, the fraudsters sent fake invoices and bank details for gaming equipment payments, prompting the group to transfer 150,500 euros to accounts provided by them.
Explanation in simple terms
- What:
- The Lulu Group lost money after scammers pretended to be an Italian company in an email scheme.
- Who:
- The Kochi City Police are investigating unidentified persons who are accused of the fraud.
- When:
- Reported on 24 Oct 2026.
- Where:
- Kochi City Police, Kerala.
- Why:
- The company was cheated because the impersonators used the identity of an Italian business to commit fraud.
- What it means:
- The police are currently looking into the scam to identify those responsible for the financial loss.
Discussion
No comments yet.
Follow this case to join the discussion.