Confirmed
Alkem Laboratories: Ascend Laboratories Impersonation BEC and Enzene Biosciences Email Compromise
Fraudsters impersonating named Ascend Laboratories executives convinced an Alkem Laboratories treasury manager to wire Rs 51.30 crore to a fake US bank account under a bogus tax-refund pretext; Rs 22.31 crore was never recovered, and a second, separate business-email-compromise hit Alkem's Enzene Biosciences US subsidiary roughly 18 months later.
Incident 2023Read →