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Home | Hyderabad | Man Loses Over Rs 1 Lakh To Cyber Frauds In Hyderabad

Man loses over Rs 1 lakh to cyber frauds in Hyderabad

The victim, a resident of Sai Nagar had recently posted an advertisement about renting a portion on a popular real estate website

By Telangana Today
Published Date - 6 July 2021, 08:25 PM
Man loses over Rs 1 lakh to cyber frauds in Hyderabad
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Hyderabad: Cyber fraudsters cheated a man from Balanagar of over Rs 1 lakh on a real estate website, police said. The victim, a resident of Sai Nagar had recently posted an advertisement about renting a portion on a popular real estate website, and subsequently received a call from an unidentified person who expressed interest in renting the house.

“For this, the victim quoted Rs 15,000 as rent per month with three months’ rent to be paid in advance. The suspect asked him to send his Google Pay number and other bank account details including the OTP, which the victim did,” said an official, adding that the caller then told the victim that there was some technical glitch while carrying out the transaction and asked him to enter Rs 45,000 in his GPay account. When he entered the amount, it suddenly got debited.


“When the victim told the caller this, he said he had not received any money and asked him to resend. He thus siphoned off over Rs 1 lakh and switched off his mobile phone,” the official said. Based on the victim’s complaint, the Balanagar police have booked a case and are investigating.

Woman duped of Rs 70,000

A woman from Banjara Hills was allegedly cheated online to the tune of Rs 70,000 on the pretext of converting credit card reward points into cash. The victim, a private employee from Mithila Nagar, had in the last week of June received a call from one person who introduced himself as Kishan Singh, a bank executive from the head office in Bengaluru.

“He told her that her credit card number had earned reward points for her purchases. To claim them and convert the points into cash, he asked her to share the OTP sent to her mobile phone,” an official said, adding that the victim fell for the trap and shared the OTP and other bank details as well, using which the fraudsters stole cash from her account. When she called the bank’s customer care wing, they clarified that no such call was made by their executives, following which she approached the Banjara Hills police, who have booked a case and taken up investigation.


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