Archive · 28 Sep 2026
Retired Nagpur Official Loses ₹23.26 Lakh In Antique Currency Scam
A retired government official had old currency notes and coins.
He saw an online advertisement promising a very large payment for them.
The people behind the advertisement said they would pay ₹55.21 lakh.
They first asked him for a small registration fee.
Later, they showed him fake government papers and demanded more payments.
He sent them ₹23.26 lakh over several days.
The promised money never arrived, so he realized it was a scam.
He reported the incident to the cyber police, who are investigating.
A 66-year-old retired government official from Nagpur was allegedly cheated of ₹23.26 lakh.
The fraud began on August 30, 2026, after he clicked a Facebook advertisement offering high returns for antique currency.
Scammers promised ₹55.21 lakh for his old notes and coins, then demanded registration, processing and tax payments.
The victim transferred money to multiple bank accounts between August 30 and September 17, 2026, after receiving forged documents.
Cyber police registered a case under the Bharatiya Nyaya Sanhita and Information Technology Act against the unknown operators and account beneficiaries.
- Who
- A 66-year-old retired government official from Nagpur was allegedly defrauded by unknown cyber-criminals.
- What
- The victim lost ₹23.26 lakh in a fake deal involving old currency notes and coins.
- When
- The fraud took place from August 30 to September 17, 2026.
- Where
- The victim was from Nagpur; the money was transferred to multiple bank accounts.
- Why
- Scammers allegedly used a false ₹55.21 lakh purchase offer, forged documents and repeated fee demands to obtain money.
- Victim
- 66-year-old retired government official from Nagpur
- Promised payout
- ₹55.21 lakh
- Reported loss
- ₹23.26 lakh; the headline describes it as ₹23.2 lakh
- Fraud period
- August 30 to September 17, 2026
- Initial demand
- ₹550 registration fee
- Contact methods
- Facebook advertisement, phone call and WhatsApp group
- Legal provisions
- Sections 318, 319, 336 and 338 of the Bharatiya Nyaya Sanhita, and Sections 66C and 66D of the Information Technology Act