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Over 70 Customers of UBI’s Juhu Branch Lose Rs 20 Lakh in Six Hours

Over 70 Customers of UBI’s Juhu Branch Lose Rs 20 Lakh in Six Hours

Posted On : Friday, December 13, 2019, 10:43 AM
In another incident of bank fraud, several customers of Union Bank of India (UBI) in Mumbai found out that their debits cards were cloned and transactions to the tune of almost Rs 20 lakhs were made by fraudsters. According to a report by TOI, more than 70 customers of UBI’s Juhu Tara Road branch claimed that fraudsters had siphoned nearly Rs 20 lakh in less than six hours from their bank accounts. The report states that the withdrawals were done from ATMs of different banks between December 8 midnight and 6.30 am on December 9. As soon as the incident was reported, police were alerted following which the bank has been asked to provide the details of the cash withdrawal to track the ATMs and get CCTV footage.
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