40 Bank Customers Lose Lakhs In 3 Days. They Had Just Clicked A Link

Mumbai:

At the least 40 prospects of a non-public financial institution in Mumbai have been cheated of lakhs of rupees inside three days after they clicked on a hyperlink despatched by way of faux textual content messages to replace their KYC and PAN particulars.

The Know Your Buyer (KYC) course of is obligatory for financial institution prospects to confirm their id.

In an advisory, Mumbai Police has cautioned residents towards clicking on such hyperlinks asking financial institution prospects for his or her confidential particulars.

Fraudsters are sending such faux SMS with phishing hyperlinks to the purchasers stating that their checking account is blocked for not updating their KYC/ PAN card particulars, based on the advisory .

Such hyperlinks direct the purchasers to a faux web site of their financial institution the place they’re requested to enter their buyer ID, password, and different confidential particulars.

Among the many 40 victims who’ve reported the alleged frauds was TV actor Shweta Memon.

In her grievance, Ms Memon mentioned final Thursday she had clicked on a hyperlink from the faux textual content message, believing it was from her financial institution. On the portal that opened, she entered her buyer ID, passwords, and OTP.

She mentioned she additionally acquired a telephone name from a lady posing as a financial institution official, who requested her to insert one other OTP she acquired on her cellular quantity. Following this, Rs 57,636 was debited from her account.