India, July 1 -- Six people have been arrested for allegedly cheating a senior accounts executive with the INOX Group of Rs.10.4 crore. The scamsters made him believe he was transferring the sum on instructions of a senior director of the group. The transfer was made in 63 transactions from the company's accounts.

According to the South Cyber police, the arrested accused are Dnyaneshwar Thoke, 22, a resident of Jalna district in Maharashtra; Birendra Kumar Bhagat, 26, Ranjan Kumar Kharwar, 41, both residents of Siwan in Bihar; Vikas Bind, 22, Vansh Monocha, and Faiyaz Shabbir Hussain Alam, all three from Delhi.

Police said the six accused had allowed the money to be transferred into their bank accounts for a commission and have given th...