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Myntra Faces Rs 1.1 Crore Scam
Myntra Loses Over Rs 50 Crore Nationwide In 'Refund Scam': Know How Scammers Operate
The company has faced financial losses due to fraudulent claims, with estimates indicating a nationwide loss exceeding Rs 50 crore.
Myntra’s ₹50 Crore Refund Scam: Fraudsters Exploit Customer Policies to Steal Millions
A sophisticated scam exploiting Myntra's refund policies has led to losses of ₹50 crore across India, with Bengaluru alone accounting for ₹1.1 crore from over 5,500 fraudulent orders.
Myntra loses Rs 1.1 crore to ‘refund’ scam: Jaipur to Bengaluru -- how the scammers operated
A refund scam targeting Myntra, costing millions, has been uncovered. Fraudsters exploited the company's return policy by placing bulk orders and then
Myntra Faces Rs 1.1 Crore Scam: Frauds Exploit Refund Policy – Know Full Story
Fraudsters targeted Myntra by placing bulk orders for luxury items like high-end clothing, shoes, branded handbags, wristwatches and jewelry.
Myntra ₹1.1 crore refund scam: Fraudsters cheat e-commerce platform with fake orders
A Jaipur-based gang exploited Myntra’s return policies to cheat the platform of ₹1.1 crore by placing bulk orders for branded merchandise and claiming false refunds.
Myntra loses Rs 50 crore to scammers, 5,529 fraudulent orders were placed in Bengaluru: Report
Myntra Designs enforcement officer Sardar MS said that the fraud came to light during an audit. The Bengaluru Police said they suspect the involvement of a gang from Rajasthan.
Myntra loses Rs 1.1 cr to refund scam: Here’s how fraudsters exploit complaint system
Myntra recently approached Bengaluru police, reporting a loss of Rs 1.1 crore between March and June this year due to fraudulent refund claims.
Fraudsters Cheat Myntra Of Rs 1.1 Crore In 120 Days By Abusing Return Policy
In a recent update, India’s online shopping platform, Myntra has filed a complaint with the Bengaluru Police after losing Rs 1.1 crore to fraudulent orders placed across the city. How Did This Happen?
By abusing Myntra's refund feature, scammers earn over Rs 1 crore
Myntra, a Flipkart subsidiary, reported a loss of ₹1.1 crore in Bengaluru and an estimated ₹50 crore nationwide due to a refund scam. Fraudsters placed bulk orders, then claimed refunds for missing, incorrect,
21h
Inside Myntra’s belief in Q-comm, and what its 2-hour delivery means for apparel retail
Indias largest online apparel retailer recently launched M-Now in certain pockets of Bengaluru. While this is a quick ...
2d
Myntra Achieves ₹30.9 Cr Profit in FY24: Revenue Soars by 15% Amid Cost Cuts
Following a loss of ₹782.4 Cr in FY23, Myntra, one of India's top fashion e-commerce sites, reported a net profit of ₹30.9 Cr ...
Newspoint on MSN
2d
Online Shopping: Shock from Flipkart and Myntra! You will have to pay a charge even if you cancel your order, why is this necessary?
Online shopping has become very popular in tier 1 and tier 2 cities in the last few years. Whatever is needed, it is ...
2h
Shop Stylish Girl's Hairbands at Unbeatable Prices – Myntra End of Reason Sale
Girls hairbands are a fun and functional accessory that can elevate any hairstyle while keeping hair neatly in place. Whether youre looking for vibrant, colorful bands for casual wear, chic, ...
AFAQS
3d
Myntra's OOH campaign mixes 'Market Volatility' with price crashes
To further amplify the “Price Crash” theme, Myntra has also featured another activation in line with Crash Courses which is ...
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