Economic Fraud
Greater Noida Principal Loses Rs 5.58 Lakh in Cyber Fraud, Police Investigate
Greater Noida: Principal of a primary school in Greater Noida West, has fallen victim to a cyber fraud that drained Rs 5.58 lakh from her Punjab National Bank (PNB) salary account. The fraud, executed via NEFT (National Electronic Funds Transfer), came to light on November 13 when she checked her account balance and discovered the missing amount.
Ms. Singh, headmistress of Rohilapur Primary School, immediately reported the matter to the cyber crime police station and the PNB branch. According to her complaint, she does not use net banking or any digital transaction services such as UPI, nor has she shared her OTP or PIN with anyone. She confirmed that her ATM card had not been used for the transaction either.
When the bank details were reviewed, it was confirmed that the money was transferred through NEFT. Surprised and distressed, Ms. Singh consulted her family members, but none of them were involved in the transaction.
Vijay Kumar Gautam, in-charge of the Cyber Crime Police Station, stated that the police have registered a case and launched an investigation to identify and apprehend the culprits. He assured that action will be taken after a detailed inquiry into the incident.
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This case highlights a growing trend in sophisticated banking fraud, where cybercriminals bypass traditional security measures without the victim’s direct involvement. The incident has raised concerns about the safety of digital banking and the need for increased vigilance among account holders.
Police have urged the public to regularly monitor bank account activity, report suspicious transactions immediately, and avoid sharing sensitive information. Meanwhile, efforts are underway to trace the fraudsters and recover the stolen funds.