India, Aug. 20 -- Police have arrested two more individuals in the Rs.10.4-crore INOX Group cheating case, both of them linked to the "Boss Scams", where fraudsters have been getting corporate executives to transfer large sums of money from their companies to mule bank accounts on instructions of their "bosses". In each instance, the "boss' has been a fraudster impersonating a senior corporate executive.

The two arrests, made by the South Cyber police, take the total number of arrests in the INOX case to ten. Police said the accused had supplied SIM cards used in the crime, where fraudsters convinced a senior accounts executive to transfer Rs.10.4 crore into mule bank accounts, by posing as a senior director of the group. Police said the...