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 exploited the return policy by placing bulk orders and claiming refunds for missing, incorrect, or fake items.
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 exploited the return policy by placing bulk orders and claiming refunds for missing, incorrect, or fake items. 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 exploited the return policy by placing bulk orders and claiming refunds for missing, incorrect, or fake items. Read More
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