Archive · 5 Aug 2025
Ex-Bank Manager Duped of ₹4.30 Lakh in Credit Card Scam
An elderly man who used to be a bank manager was tricked into giving away his money.
Someone called him on WhatsApp and said they would replace his old credit card with a new one.
The person on the call asked for the man's card details and ID, then used the information to take ₹4.30 lakh.
The man reported it to the police.
A 72-year-old retired bank manager was defrauded of ₹4.30 lakh in an online scam.
The victim received a WhatsApp call offering a credit card replacement.
The caller requested video KYC, instructing the victim to share credit card and identity details.
The victim shared details of three credit cards during the video call.
Transactions totaling ₹4.30 lakh were made, and the victim filed a police complaint.
- Who
- A 72-year-old retired bank manager was the victim, and unknown fraudsters were the perpetrators.
- What
- A cyber fraud where a retired bank manager lost ₹4.30 lakh due to a credit card replacement scam.
- When
- The scam occurred after August 1, when the victim received the initial call.
- Where
- Indore, Madhya Pradesh, India.
- Why
- The motive was financial gain through deception, using credit card information to steal money.
Fraudster's Actions
Victim's Actions
Initial Contact
Fraudster's Actions
The fraudsters initiated contact via WhatsApp, posing as a credit card service to gain the victim's trust.
Victim's Actions
The victim was contacted with promises of card replacement and instructed to go through a KYC process.
Details Acquisition
Fraudster's Actions
The fraudsters used a video call to trick the victim into revealing sensitive information, despite the absence of a visible caller.
Victim's Actions
The caller prompted the victim to share sensitive details, leading to unauthorized transactions.
Financial Theft
Fraudster's Actions
After gaining access to card details, the fraudsters carried out unauthorized transactions.
Victim's Actions
After the victim provided credit card information, unauthorized transactions happened.
- Victim
- 72-year-old retired bank manager
- Location
- Indore, India
- Amount Stolen
- ₹4.30 lakh
- Fraud Type
- Credit Card Replacement Scam
- Modus Operandi
- WhatsApp call, video KYC, credit card details theft
- Legal Action
- Complaint filed, account frozen, investigation initiated
Sources
Mumbai Fraud News: 95-Year-Old Retired Banker And Son Duped Of ₹8.5 Lakh In Ghatkopar Cyber Fraud Involving Fake Net Banking Link
Mumbai News: Retired TCS Employee Duped Of ₹2.64 Crore In Stock Market Cyber Scam
Thane: 73-Year-Old Businessman Duped Of ₹5.77 Crore In Fake Online Share Trading, IPO Scam