Bengaluru, July 26 -- A 28-year-old woman from Bengaluru allegedly lost Rs 48.5 lakh to cyber fraudsters after applying for a home loan through a website, in what police suspect to be a sophisticated online loan scam involving identity theft, intimidation and unauthorised banking transactions.

The victim, a resident of Halasuru and an employee of a private firm, had applied for a housing loan through an online portal in October 2025. During the application process, she uploaded personal information, including her PAN card, Aadhaar details, office information and a selfie, through a link sent by the website. However, she later decided not to proceed with the loan application.

Several months later, on March 26, 2026, she began receiving t...