Mumbai-based Sidmark Sales Synergy LLP has reportedly lost Rs 36.5 lakh due to a cyber fraud incident. The company fell victim when fraudsters spoofed the email identity of its Japanese supplier, providing fake bank details that led to the financial loss. This incident highlights the growing risks associated with cyber fraud in business transactions.
The company, which has lodged an FIR with the central cyber police, had ordered 18 tonnes of overlay paper from Tentok Holding Company Ltd. After receiving an email containing an invoice for Rs 36.5 lakh, the company transferred the amount to a bank account. Believing the communication to be genuine, the company transferred the entire amount from its bank account on April 15, 2026.
The company later contacted the bank after the supplier said it had not received the payment. The company has been importing overlay paper from Tentok Holding in Japan for the past eight years. The company subsequently received instructions from [email protected], allegedly directing it to transfer the money to a bank account held in the name of Tentok Holding Company Ltd. You Can Also Check: Gold Rate in Mumbai | Silver Rate in Mumbai | Bank Holidays in Mumbai | Public Holidays in Mumbai | Mumbai AQI | Weather in Mumbai | Petrol Price in Mumbai | Diesel Price in Mumbai | CNG Price in Mumbai | LPG Price in Mumbai