Sr executive loses 1.7 cr in 2 bank ‘transactions'
The incident prompted the city's detective department to issue new cyber security guidelines.
The victim, a resident of the Survey Park area, received two SMS alerts on July 3, indicating debits of Rs 86 lakh and Rs 88 lakh from his bank account, allegedly transferred to a private firm account. The SMS updates arrived much after the transactions got completed, said investigators
Upon verification with the firm, it was confirmed that the company did not receive any such payment.
Cops believe he might have fallen victim to a SIM swap fraud unless there are other ways the victim gave away his personal information.
You Can Also Check:
Kolkata AQI
|
Weather in Kolkata
|
Bank Holidays in Kolkata
|
Public Holidays in Kolkata
The fraud comes amid a surge in such cases across Kolkata and its suburbs, with total losses exceeding Rs 3 crore in recent months. In response, the bank fraud section of the detective department has released detailed security protocols for mobile banking users.
"Forwarding messages to dedicated server numbers and sudden loss of tower connection in well-connected areas are major red flags," said a senior officer.
"Any encrypted message forwarded to customer numbers could potentially compromise both data and finances."
The police have outlined three critical warning signs: being locked out of online accounts, unexpected loss of phone service, and receiving unauthorized service notifications. They advise immediate bank notification and transaction blocking if phone disruption persists beyond 30 minutes.
Law enforcement officials are now incorporating lessons on encrypted messages in their cyber awareness programmes.
They recommend enabling multiple security features, including fingerprint scanners and facial recognition, along with SIM card PIN protection.
"Fraudsters exploit personal information to convince service providers of their legitimacy," said a deputy commissioner. "We strongly advise against sharing sensitive details like full names, addresses, and birth dates on public platforms," he emphasized
The police have launched an investigation into this fresh case, while urging citizens to remain vigilant and report suspicious banking activities immediately.
The incident has highlighted the growing sophistication of cyber frauds targeting mobile banking users in metropolitan areas.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Scroll.in
16 minutes ago
- Scroll.in
SC administration asks Centre to take back official CJI residence occupied by DY Chandrachud
The Supreme Court administration has written to the Centre seeking the vacation of the official residence of the chief justice of India, stating that former Chief Justice of India DY Chandrachud has stayed beyond the permissible period, PTI reported on Sunday. In a July 1 communication to the Ministry of Housing and Urban Affairs, the Supreme Court administration urged the Centre to take back possession of the residence on 5, Krishna Menon Marg in New Delhi, allotted to Chandrachud during his tenure as the chief justice, and return it to the court's housing pool. The administration said that the permission granted to the former chief justice of India to retain the accommodation expired on May 31 and that the six-month period allowed under the Supreme Court Judges Amendment Rules, 2022, had ended on May 10. As per Rule 3B of the amended 2022 rules, a retired chief justice can retain a Type VII bungalow – a lower grade than the Krishna Menon Marg bungalow – for up to six months after retirement. Chandrachud, who served as the 50th chief justice of India from November 2022 to November 2024, has remained in the official residence nearly eight months after leaving office. He said that the delay in vacating the house was due to his daughters' ' severe comorbidities and genetic conditions ', for which they are currently receiving treatment at AIIMS, the Hindustan Times reported. Chandrachud added that he had already been allotted a new house on rent by the government, but it was under renovation as it had remained shut for nearly two years. 'It is a matter of just few days and I will shift,' the Hindustan Times quoted him as saying. 'I have occupied the highest judicial office and am completely cognisant of my responsibilities.' In December, Chandrachud had written to his immediate successor, Justice Sanjiv Khanna, seeking permission to stay at the official residence until April 30. Khanna had approved the request and the housing ministry had allowed the extension with a nominal licence fee of Rs 5,000 per month. Later, Chandrachud verbally requested Khanna to extend his stay until May 31, PTI reported. The request was approved, but with the condition that no further extensions would be granted. In April, Chandrachud informed Khanna in writing that he was in the process of shortlisting an alternative accommodation suited to his daughters' needs and requested to stay on until June 30, the Hindustan Times reported. His two successors, Khanna and current Chief Justice BR Gavai chose not to move into the Krishna Menon Marg residence, opting instead to remain in their previously allotted homes.
Time of India
19 minutes ago
- Time of India
UAE rolls out new golden visa: Lifetime residency at Rs 23 lakh, India among first to benefit
NEW DELHI: In a major shift from its traditional investment-based residency model, the United Arab Emirates has introduced a new nomination-based Golden Visa, offering eligible Indians lifetime residency in the country by paying a one-time fee of AED 1,00,000 (approximately Rs 23.3 lakh), without the need to invest in property or business. Until now, Indian nationals were eligible for the UAE's coveted Golden Visa primarily through high-value investments, including a minimum AED 2 million (Rs 4.66 crore) in property. But under this new system, applicants can be nominated and approved based on their professional background, societal contributions, or potential benefits to UAE's sectors such as culture, trade, science, startups, or finance. The pilot phase of the initiative has been launched for India and Bangladesh, with over 5,000 Indian applicants expected in the first three months, according to officials involved in the process. Rayad Group, the consultancy firm selected to pilot the nomination-based Golden Visa in India, is leading the process in partnership with VFS and One Vasco centres across India and Bangladesh. Applications can also be submitted through the group's online portal and call centre. "This is a golden opportunity for Indians," said Rayad Kamal Ayub, Managing Director of Rayad Group. He explained that the vetting process includes anti-money laundering checks, criminal background verification, and social media screening. Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Gold Is Surging in 2025 — Smart Traders Are Already In IC Markets Learn More Undo by Taboola by Taboola The final nomination decision rests with UAE government authorities. Approved visa holders can bring family members, employ staff, and engage in business or professional activities. Unlike property-based visas, which lapse upon property sale, the nomination-based Golden Visa is permanent. This initiative reflects the UAE's growing economic and strategic ties with India following the Comprehensive Economic Partnership Agreement (CEPA) signed in 2022. The program is expected to expand to other CEPA partner countries, including China, in later phases. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Hans India
29 minutes ago
- Hans India
Delhi: NDMC officials address 120 civic grievances at special camp
New Delhi Municipal Council (NDMC) officers on Sunday addressed over 120 grievances received at a 'Suvidha Camp' organised at the Convention Centre, Jai Singh Road, said an official. The Camp aimed to provide a direct interface between the NDMC administration and the residents of New Delhi, facilitating prompt resolution of public grievances, dissemination of civic information, and ease of access to various municipal services. During the Camp, the 120 grievances addressed by senior officers pertained to various departments, including Personnel, Civil Engineering, Horticulture, Public Health, Enforcement, Commercial, Tax, and Estate. In addition, hundreds of residents and service users visited the Camp to seek information on NDMC's civic services and ongoing initiatives. The unique feature of the Suvidha Camp was its face-to-face interaction model, allowing citizens to engage directly with department officials for immediate redressal of concerns, said the official. For issues requiring policy-level interventions, the officials provided clarifications along with the expected timelines for resolution. More than 100 officers and officials from 30 NDMC departments were present at the Camp, manning departmental help desks under the supervision of their respective Heads of Departments. This collaborative approach ensured that most grievances could be addressed on the spot, reflecting NDMC's dedication to responsive and transparent governance. To further enhance citizen convenience, NDMC has also launched the 'Jan Suvidha Portal', a digital platform for seamless, contactless grievance redressal. Citizens can lodge grievances, track their status, and provide feedback through the portal available at: Earlier, NDMC Kuljeet Singh Chahal announced that the civic agency had approved the procurement of 5 eco-friendly CNG Mechanical Road Sweepers (MRS) to combat dust pollution and enhance cleanliness. The existing fleet of MRS machines, deployed in 2017–18, has aged and is frequently out of service, severely affecting NDMC's ability to meet its daily cleaning target of 365 kilometres of roads, he said. Chahal stated that NDMC's Swachhta Division actively monitors air quality and reports data to agencies, including CPCB, DPCC, and CAQM. Under the National Green Tribunal's guidelines prohibiting new diesel vehicle registrations in Delhi, the Central Pollution Control Board (CPCB) has agreed to fund the procurement of these new CNG-operated sweepers. The Council granted administrative approval for the Preliminary Estimate of Rs 6.69 crore for the procurement through CPCB funding. This will ensure uninterrupted mechanised sweeping, significantly reducing road dust and enhancing cleanliness in this VVIP zone of the capital, he said.
