Back Issues/Search Home → Calendar → Archive → RSS → Subscribe → Services → Vendors → Current Issue → Popular → Newsletters (LinkedIn, Substack)

All issues › Volume 344, Issue 1 › IT Vendor News › Trend Micro

The Fake Azim Premji Foundation Gift That Ends with a Bank Transfer Request

Trend Micro, Monday, November 2nd, 2026

Trend Micro explains an advance-fee scam that impersonates the Azim Premji Foundation, promising a $1 million gift and then demanding a transfer fee.

Trend Micro describes a scam email that claims a well-known billionaire philanthropist has chosen the recipient for a $1,000,000 gift, linking to the executive's real Wikipedia page to seem credible.

The Azim Premji Foundation, Wipro and the named individuals are not involved.

After a reply, the scammer collects detailed personal information, then a supposed Italy-based lawyer requests full banking details.

Victims are finally asked to pay a $2,775 transfer fee backed by a fake insurance claim, and those who pay typically receive nothing and face further invented charges.

more →  ·  More from Trend Micro →