Rtd bank manager loses ₹5.8 L to cyber fraud

Rtd bank manager loses ₹5.8 L to cyber fraud

TIMES NEWS NETWORK

Hyderabad:22.09.2021

Cyber fraudsters have duped a 79-yearold retired bank employee of ₹5.8 lakh by posing as customer service executives.

Two days ago, Shiva Rama Krishna Sastri of Saidabad, a retired SBI manager, had received an SMS on his phone stating that the electricity bill was not paid.

Shiva ignored the message as the bill had already been paid.

A few minuter after the SMS, unknown offenders, posing as customer care executives of Telangana State Southern Power Distribution Company Ltd (TSSPDCL) called the victim saying that the paid bill amount was not updated in the database. The fraudsters asked Shiva to install TSSPDCL app and also TeamViewer QuickSupport app to remotely access the phone, assistant commissioner of police (ACP), Cyber Crime, KVM Prasad said.

“After the apps were installed, the accused made the victim enter his debit card details in TSSPDCL app to make a small payment. They noticed all the details of the card and within a span of few minutes, siphoned off ₹5.8 lakh from the victim’s bank account through multiple transactions as they can see OTPs delivered to the mobile phone,” the ACP said.

On Monday, the victim lodged a police complaint and a case was registered under the Information Technology (IT) Act.

Two days ago, Shiva Rama Krishna Sastri of Saidabad, a retired SBI manager, had received an SMS on his phone stating that the electricity bill was not paid