Parents lose nearly ₹1 lakh in scholarship scam in Erode
Parents of former students in Erode, India, were defrauded of nearly ₹1 lakh by cybercriminals posing as school staff. The scammers promised fake education scholarships to trick victims into sharing their banking credentials.
Why it matters
This incident underscores the rising prevalence of financial cybercrime targeting vulnerable populations through social engineering.
Parents of four former students of the Government Model School near Perundurai reportedly lost nearly ₹1 lakh to cyber fraudsters who posed as school staff and promised education scholarships.
The report is a straightforward account of a criminal incident and police investigation.
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