
A 50-year-old man from Delhi was cheated of Rs 1.46 crore by fraudsters who posed as officials of the National Payments Corporation of India (NPCI), police said. The accused allegedly contacted the…
A 50-year-old man from Delhi was cheated of Rs 1.46 crore by fraudsters who posed as officials of the National Payments Corporation of India (NPCI), police said. The accused allegedly contacted the victim between September 5, 2024 and August 11 this year, promising a refund of his insurance policy premium along with high financial returns.
The victim, a resident of south Delhi's Vasant Kunj area, lodged a complaint with the cyber crime police. An FIR has been registered under relevant sections of the Indian Penal Code and the Information Technology Act. Investigations are underway to trace the accused.
The case is a reminder that cyber fraudsters increasingly impersonate trusted government and financial bodies to gain victims' trust. The NPCI, which operates the UPI and RuPay systems, has repeatedly issued public advisories that it never contacts individuals for refunds or investment offers. Victims typically lose savings they cannot recover, and the actual recovery rate in such cases remains low. Watch for any arrest or court proceeding in the coming weeks.
Source: ndtv.com
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