The company has faced financial losses due to fraudulent claims, with estimates indicating a nationwide loss exceeding Rs 50 crore.

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.

A refund scam targeting Myntra, costing millions, has been uncovered. Fraudsters exploited the company's return policy by placing bulk orders and then

Fraudsters targeted Myntra by placing bulk orders for luxury items like high-end clothing, shoes, branded handbags, wristwatches and jewelry.

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 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 recently approached Bengaluru police, reporting a loss of Rs 1.1 crore between March and June this year due to fraudulent refund claims.

These fraudulent refunds were deposited into various bank accounts, causing significant losses to the company.

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,

E-commerce scammers exploited return policy loopholes, defrauding Myntra of Rs. 1.1 crore in Bengaluru and Rs 50 crore in a nationwide loss. The fraud involved bulk orders, false claims of missing items,

Myntra, a Flipkart subsidiary, faced a massive fraud. Crooks exploited the refund system. They ordered products in bulk, then claimed refunds for missing or incorrect items. The Bengaluru loss is Rs 1.