Mysore/Mysuru: A Mysuru-based company has allegedly been cheated of Rs. 35.94 lakh in an online fraud involving a fake e-mail and forged bank account details.
Digital Power Supply, located in Belavadi Industrial Area, manufactures automation products and renewable energy systems.
The company regularly imports micro-controllers from a Thailand-based firm and usually transfers payments to an account in the Mega International Commercial Bank in Taiwan.
However, the company reportedly received an e-mail purportedly from the Finance Department of the Thailand firm, stating that the bank account details had been changed. Police said that the e-mail had been sent using a fake domain created by fraudsters.
Believing the mail to be genuine, the company transferred 20,824.33 US dollars (about Rs. 19.32 lakh) on Mar. 17, 2026, and another 17,601 US dollars (about Rs. 16.62 lakh) on Mar. 31. In total, the company transferred around Rs. 35.94 lakh to the fraudulent account.
The fraud came to light on Apr. 21 when representatives of Digital Power Supply contacted the actual officials of the Thailand-based company through e-mail correspondence. The Mysuru firm then approached SBI seeking a fund recall, but the attempt was unsuccessful.
Following this, the company lodged a complaint with the Cyber Economic and Narcotic (CEN) Police Station in Mysuru. A case has been registered.
This post was published on May 19, 2026 5:42 pm