72-year-old Malad resident loses Rs.90 lakh to cyber frauds
MUMBAI, Sept. 18 -- A 72-year-old man lost around Rs.90 lakh to cyber frauds who impersonated police officers and placed him under "digital arrest" for ten days claiming his bank accounts and mobile numbers were being used by people associated with the banned Popular Front of India (PFI).
The frauds asked the senior citizen to report his location every two hours over the 10 days and ordered him to liquidate all his funds and transfer the money to them, police officers familiar with the matter told Hindustan Times.
According to the north cyber police, the 72-year-old complainant resides in Malad West with his wife, two daughters and a son. His daughter works as a teacher and the family survives on her income, alongside interest from fixed deposits.
On August 28-29, the complainant received video calls from persons in police uniform who claimed that an arrest warrant had been issued against him as his debit card had been misused and asked him to appear before the Panchavati police station in Nashik. They also claimed that he had received 20% commission on the transactions and sent him 20 fake complaints to ensure he fell for the fraud. The frauds inquired about the complainant's investments and asked him to liquidate all investments, and send the money to bank accounts mentioned in fake letters in the name of the Enforcement Directorate and the Reserve Bank of India....
To read the full article or to get the complete feed from this publication, please
Contact Us.