Connect with us

Cyber Crime

Caught in a Web of Lies: How an Army Veteran Was Scammed Out of Rs 3.1 Crore



Pune Army Veteran Loses Rs 3.1 Crore in Devious Cyber Fraud: A Cautionary Tale

A retired Army veteran in his sixties from Pune became the unfortunate target of a cunning cyber fraud, losing a whooping sum of Rs 3.1 crore over two weeks. This elaborate scheme, involving impersonation, threats, and manipulative tactics, highlights the growing threat of cybercrime and the importance of staying vigilant.

The veteran’s ordeal began in early May when he received a phone call from someone claiming to be an officer with the Telecom Regulatory Authority of India (TRAI). This individual falsely informed him that the Mumbai Police were searching for him due to accusations of harassment through illegal messaging. The veteran, naturally, denied these charges.

ALSO READ: Join the Movement: Future Crime Research Foundation Launches State Chapters to Build a Cyber-Safe India


However, the web of deceit only tightened. The caller then connected him to another fraudster masquerading as a high-ranking police officer from Mumbai. This fake officer fabricated a story – a major money laundering case with the veteran’s name implicated – and even threatened an arrest warrant.

Fearful of legal consequences and potential dangers, the veteran was manipulated into downloading a video calling application. During the call, he was shown a man dressed in a police uniform, further solidifying the illusion of legitimacy. The fraudsters then pressured him into a “priority investigation” to clear his name from these fabricated charges.

Feeling isolated and intimidated, the veteran was instructed to keep the situation a secret. The fraudsters bombarded him with threats, invoking the involvement of the CBI (Central Bureau of Investigation) and weaving a narrative of national security risks. Under immense pressure, the veteran, over the next two weeks, made close to a dozen transactions totaling a staggering Rs 3.1 crore to accounts spread across various states in India.

ALSO READ: TalkCharge a Ponzi Scheme? Users Allege ‘Biggest Wallet Scam in India’

Finally realizing he had been scammed, the veteran approached the Cyber Crime police station in Pune and filed a First Information Report (FIR). The authorities have launched an investigation into the case.

Social Engineering: The Weapon of Choice

Cybercrime officials explained that this elaborate fraud relied on a technique called social engineering. Social engineering exploits human psychology to manipulate victims. In this case, the fraudsters preyed on the veteran’s fear of legal repercussions and potential threats to his safety.

This incident serves as a stark reminder for everyone to be vigilant against cybercrime. Here are some key takeaways:

  • Be wary of unsolicited calls: If you receive a call from someone claiming to be from a government agency or law enforcement, do not hesitate to verify the information directly with the official source. You can find contact details on official websites.
  • Do not share personal information: Never share personal information, financial details, or OTPs (One Time Passwords) over the phone or through unverified links.
  • Report suspicious activity: If you encounter a suspicious call, message, or online activity, report it to the authorities immediately.

By staying informed and cautious, we can minimize the risk of falling victim to such devious scams. Let this be a cautionary tale – if something sounds too good or bad to be true, it probably is. Always verify information and prioritize your safety when dealing with unknown individuals online or over the phone.

Follow on

 TelegramFacebookTwitterLinkedInInstagram and YouTube

Continue Reading