BIG MONEY LESSON! How a lady lost whopping Rs 9.25 lakhs to cyber criminals in the name of Rs 1 cr game show prize money
She lost Rs 9.25 lakh to cybercriminals who approached her as representatives of a television game show
It's a must-read story for all of us so that we stay away from cyber criminals and not lose our hard-earned money by falling into the trap of fraudsters. Recently, a senior citizen lady aged 62 from Vidyaranyapura of Bengaluru lost whopping Rs 9.25 lakhs just because she believed what cybercriminals told her and did exactly what she was asked to by them.
What really happened?
She lost Rs 9.25 lakh to cybercriminals who approached her as representatives of a television game show. The fraudsters claimed that she had bagged Rs 25 lakh as prize money. And, later, the cyber criminals told her that prize money has been increased to Rs 1 crore. Further, she was asked to pay some charges, including advance income tax to claim the amount of prize money of Rs 1 crore, as per a report in TOI.
Believing the cyber criminals, the lady paid Rs 9.25 lakh in multiple transactions to cyber criminals assuming the advance income tax to claim the amount of prize money of Rs 1 crore. The multiple transactions from her account took place between October 21 and November 6.
According to police, the lady transferred Rs 9.25 lakh to the conmen, but later when she spoke to her friends, relatives, she realised and got to know the reality that she has been cheated.
In a similar development, Bengaluru police recently busted a fake inter-state employment agency racket allegedly run by a five-member Andhra Pradesh gang. The police said the gang is said to have duped more than 500 unemployed mid-level techies by charging heavy "fees" from them and giving fake offer/employment letters. The modus operandi of the gang was to target those who have lost their jobs during the Covid-19 pandemic and assure them a decent job.
The Andhra gang surreptitiously operated in Bengaluru where many techies had been rendered jobless during the Covid-19 pandemic.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Power of Compounding: How many years will it take to reach Rs 3 crore corpus if your monthly SIP is Rs 4,000, Rs 5,000, or Rs 6,000
Power of Compounding: Salary Rs 25,000 per month; is it possible to create over Rs 2.60 crore corpus; understand it through calculations
Reduce Home Loan EMI vs Reduce Tenure: Rs 75 lakh, 25-year loan; which option can save Rs 25 lakh and 64 months and how? Know here
Top 7 Large and Mid Cap Mutual Funds with Best SIP Returns in 5 Years: No. 1 fund has turned Rs 15,000 monthly SIP investment into Rs 20,54,384; know about others
New Year Pick by Anil Singhvi: This smallcap stock can offer up to 75% return in long term - Check targets
PSU Oil Stocks: Here's what brokerage suggests on these 2 largecap, 1 midcap scrips - Buy, Sell or Hold?
02:42 PM IST