Hyderabad, Aug. 19 -- A Hyderabad-based saree businessman who lost Rs 1 crore through a 'boss impersonation scam' recovered the full amount in 10 days with prompt intervention from the police.

According to Cyberabad Cybercrime Police, the accountant of a saree retail outlet received a financial request through a forged WhatsApp profile on August 4, which he believed to be that of the proprietor.

Acting on the request, he transferred Rs 1 crore from the victim's Karur Vysya Bank account to an IndusInd Bank account.

During the investigation, police found that the amount had been routed through a corporate current account maintained in the name of Royal Moda Pvt. Ltd., which was allegedly being used as a mule account for routing fraudulen...