In a shocking case of cyber fraud, an 86-year-old woman from Mumbai has fallen victim to a sophisticated scam, resulting in a loss of Rs. 20.25 crore. The incident has once again highlighted the growing threat of online financial fraud targeting vulnerable individuals.
How the Scam Unfolded
According to reports, the elderly woman was contacted by scammers posing as officials from a reputed investigative agency. The fraudsters convinced her that her bank accounts were linked to criminal activities such as money laundering. They manipulated her into transferring large sums of money over a period of time under the pretense of "safeguarding" her assets.
The woman, unaware of the deceit, complied with the instructions and ended up transferring Rs. 20.25 crore to the fraudsters through multiple transactions.
Investigation Underway
Authorities are actively investigating the case. Mumbai Police have registered a complaint and are tracing the digital footprints left behind by the perpetrators. Cybercrime experts have warned that scammers are increasingly targeting elderly individuals who may be less familiar with online security protocols.
Safety Tips to Avoid Cyber Scams
To protect yourself and loved ones from such scams, consider the following tips:
Verify Calls: Always cross-check calls claiming to be from government officials, banks, or law enforcement agencies.
Avoid Sharing Personal Information: Never disclose sensitive information like passwords, PINs, or bank details over the phone or via email.
Enable Security Features: Activate two-factor authentication on your financial accounts.
Educate Elderly Family Members: Help older family members understand common scam tactics and how to respond safely.
Conclusion
This distressing incident is a stark reminder of the growing cybercrime menace. The authorities continue to urge citizens to stay alert and report suspicious activities immediately. Awareness and vigilance are key to combating such frauds and protecting hard-earned money.