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An 84-year-old man lost Rs 17 lakh to KYC fraud

An 84-year-old man lost Rs 17 lakh to KYC fraud

Posted On : Wednesday, December 18, 2019, 6:10 PM
An 84-year-old man from was cheated of Rs 17 lakh by fraudsters after collecting his user id and password, on the pretext of verifying his KYC details. The victim got a call from a person who claimed as an official from the bank. The person on the call asked the victim to reveal his bank details to update his KYC information. First, he refused saying he would personally go to the bank and do it. But, the caller told that this is a special service introduced to help elderly people. While the fraudster was still on the call the victim received 2 OTP's which he shared with the caller. The call nearly lasted for 90 minutes. The next day when he checked his bank account he got to know that Rs 17 lakh was deducted.
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