Ex-banker loses Rs.3.83 cr in 'Pahalgam attack' scam
MUMBAI, Aug. 27 -- A retired bank officer was told that a SIM card issued in his name had been used in the 2025 Pahalgam terror attack and that Rs.7 crore had been routed through a bank account opened in his name to fund terrorists. Terrified that he could be arrested, the 64-year-old handed over details of his savings, investments, shares and mutual funds to men posing as Anti-Terrorism Squad (ATS) officers - and eventually transferred Rs.3.83 crore to accounts specified by them. The Juhu resident, a former operations manager with a bank, remained on WhatsApp video calls with the accused for 10 days, following their instructions as they kept him under what they called a "digital arrest". He realised he had been duped only after a bank manager told him there was no such legal procedure as a digital arrest.
The deception began on August 7, when the retired banker received a call from an unknown number. The caller introduced himself as an ATS officer posted at the agency's headquarters in Colaba and even provided a purported batch code and case number.
Believing the claims, the complainant made four online transactions between August 7 and August 17, transferring around Rs.3.83 crore. But the promised return of his money never came. Instead, whenever he asked about the funds, the callers demanded more money, claiming they were coordinating with their "accounts department".
It was this repeated demand for money that eventually made the retired banker suspicious. He approached a bank branch manager, who told him that there was no such thing as a "digital arrest" and that he had been cheated. On the bank official's advice, the complainant called the cybercrime helpline 1930 and lodged a complaint....
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