In Rs 1.46 Crore Cheating Case, Fraudsters Pose As Payments Body Officials
A Maharashtra man was defrauded of Rs 1.46 crore by individuals impersonating officials from the National Payments Corporation of India. The suspects promised high financial returns and policy refunds to lure the victim into transferring funds.
Why it matters
The incident underscores the rising threat of sophisticated financial scams and identity theft targeting individuals through digital communication platforms.
A 52-year-old man from Maharashtra's Thane city lost Rs 1.46 crore to two fraudsters who posed as National Payments Corporation of India (NPCI) officials and lured him with promises of policy premium refunds and high investment returns, police said on Saturday.Based on a complaint, the Kasarvadavali police have registered a case under section 318(4) (cheating) of the Bharatiya Nyaya Sanhita and provisions of the Information Technology Act against suspects Sandeep Sharma and his assistant Raviraj Shukla, who posed as an NCPI manager and his assistant, an official said.The accused targeted the victim between September…
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