Archive · 2 Jun 2025
IIT Engineer Suffers Identity Theft: Rs 10 Lakh in Credit Card Fraud
An engineer at IIT Powai had his identity stolen, leading to financial fraud.
Someone used his information to take out three loans totaling Rs 4 lakh and made Rs 10 lakh in credit card purchases.
The engineer found out when loan companies contacted him for payments he didn't make.
His Aadhaar, PAN, and banking details were used.
The police are investigating how the thief got his info and why he didn't receive alerts.
The engineer reported the fraud, and a case was filed, but the culprit is still unknown.
An IIT Powai engineer was a victim of identity theft.
Three fraudulent loans worth Rs 4 lakh were taken out using his credentials.
Four credit cards were used for Rs 10 lakh in online purchases.
The engineer discovered the fraud when contacted about loan payments.
The West Cyber police filed a case against an unidentified individual.
- Who
- An IIT Powai project engineer was the victim.
- What
- Identity theft led to unauthorized loans and credit card purchases.
- When
- Fraudulent transactions occurred between January 8 and 19; the case was filed on May 28.
- Where
- Mumbai, India
- Why
- The motivation behind the identity theft is currently unknown.
Victim
Banks/Financial Institutions
Lack of Notification
Victim
The engineer was unaware of the loans or credit card usage and did not receive alerts.
Banks/Financial Institutions
The institutions may have failed to notify the engineer of the transactions or loans.
- Victim
- IIT Powai project engineer
- Fraudulent Loans
- 3 totaling Rs 4 lakh
- Credit Card Transactions
- 156 online purchases totaling Rs 10 lakh
- Fraud Date Range
- January 8 to 19
- Case Filed
- May 28, West Cyber police
- Compromised Documents
- Aadhaar, PAN, and banking details