A Mumbai woman lost Rs 2 lakh in a KYC update scam.
The incident began when the woman received a SMS claiming that her KYC was about to expire and needed immediate updating.
The message included a link that directed to a fake website.
In a troubling rise of cyber fraud cases, a 73-year-old woman in Mumbai became the latest victim, losing Rs 2 lakh in a scam related to updating her Know Your Customer (KYC) details. Scams like these, which exploit the very systems meant to protect consumers, are becoming alarmingly common.
The incident began when the elderly woman received a text message claiming that her KYC was about to expire and needed immediate updating. The message included a link that directed to a fake website. Trusting the message, her son began entering the requested details.
Also read: Govt warns about this fake PAN card-related SMS: How to stay safe
As her son filled out the information, the woman received an SMS notifying her that Rs 2.2 lakh had been debited from her bank account. To their surprise, the amount was credited back to the account shortly afterward, but within moments, another SMS informed them that Rs 2 lakh had been siphoned off again.
Realising they had fallen victim to a scam, the woman’s son approached the Mahim police station to file a complaint, according to PTI (via Business Standard).
Also read: Ghaziabad couple loses Rs 3 crore in Facebook-linked investment scam: Tips to stay safe
This incident serves as a stark reminder of the growing threat of cyber fraud. Scammers are becoming increasingly sophisticated, using phishing tactics to deceive even the most cautious individuals. It’s essential for everyone, especially the elderly, to be aware of such tactics and verify any requests for personal information directly with their bank or service provider before taking any action.
To avoid falling victim to similar scams, always double-check links received via text or email, and never share sensitive information on unfamiliar websites.
Also read: Kerala woman duped of Rs 12 lakh in customs scam: Government reveals how this fraud works
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Ayushi Jain
Tech news writer by day, BGMI player by night. Combining my passion for tech and gaming to bring you the latest in both worlds. View Full Profile
