“It is a myth that the educated will not fall prey to cyber frauds. Scamsters use their skills to convince victims to invest in fraudulent schemes or install fake apps giving remote access or reveal confidential details such as OTP. Often, victims transfer more and more till they empty their accounts in the hope of getting the entire amount listening to false assurances,” said a Cyberabad inspector.
For instance, two IT consultants in their late thirties lodged separate complaints with the police a few weeks ago stating that they had lost Rs 10.2 lakh and Rs 3.8 lakh respectively in a crypto mining app.
“They promised guaranteed returns after a lock-in period of 25 or 35 days in the crypto app. In the WhatsApp investment advise groups, we were shown that the investment was insured. But as the lock-in period was about to end, I was removed from the WhatsApp group and the app also became inaccessible,” alleged one of the complainants.
While googling for customer care numbers/bank website etc., is par for the course, most people tend to forget that they should verify it before proceeding forward, a cop said. A 22-year-old quality engineer from Hafeezpet learnt this the hard way after losing Rs 1.68 lakh.
She googled for IDBI customer care…
