Biggest Cyber Fraud
75-Year-Old Man Loses ₹ 13 Crore in Cyber Fraud
A 75-year-old man has lost Rs: 13 crores INR in cyber scam. And the old man is very well educated, and he was retired as a senior manager of a public sector unit.
How he trapped
by Cyber Criminals
The old man
had reportedly received a proposal for investment through WhatsApp on July 1
and within 10 days, he had invested ₹ 4 crore, attracted by the
impressive profits projected by the Cyber scammers.
When his
account showed ₹ 10 crore, he wanted to withdraw. Then he was told
that he would need to pay GST, CGST, conversion tax, foreign exchange tax and
so on, and he ended up paying up another ₹ 9 crores within 15 days,
hoping to recover his investment money and the "returns" he had made.
To make these
investments, he had withdrawn money from mutual funds and other savings and
transferred it through his own bank account.
It was only
after about 50 days that he realised that he had been cheated and he went to
the Cyber Security Bureau to file a complaint. But the delay in reporting the
matter left little hope of recovery. Of the total ₹ 13 crore that
went out of his bank, the police was able to save only ₹ 20 lakh.
The amount had been withdrawn through cheques, ATM cards and such from multiple accounts spread across states like Rajasthan, Gujarat, Maharashtra, Kerala. ₹ 2 crore was withdrawn in Dubai.
However, the police investigation
is still in progress.
