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Bank customer falls prey to online fraud
M Nagaraju, a resident of Kallu Bavi in Adoni has lodged a complaint with the I Town police station on Tuesday, stating that Rs 2.5 lakh was fraudulently withdrawn from his bank account. He holds a savings bank account with Karur Vyays Bank in Adoni. In the month of May, Nagaraju received a phone call.
Kurnool: M Nagaraju, a resident of Kallu Bavi in Adoni has lodged a complaint with the I Town police station on Tuesday, stating that Rs 2.5 lakh was fraudulently withdrawn from his bank account. He holds a savings bank account with Karur Vyays Bank in Adoni. In the month of May, Nagaraju received a phone call.
The person, who is speaking with Nagaraju, identified himself as a bank manager and asked him to reveal his One Time Password (OTP) sent to his mobile to renew his ATM card. “Otherwise, the card will get expired,” he informed.
As suggested by the person, Nagaraju revealed the OTP that was received by him. Victim, who was unaware of online fraud kept calm and also did not approach the bank authorities to seek clarification. After some time of revealing the OTP, he had a phone message about the deduction of amount from his account.
Nagaraj, who is illiterate did not notice of money being withdrawn from his savings account. The process of asking for OTPs continued for 15 times in the month of May. Later, Nagaraju approached the bank manager and questioned the intention behind asking the OTP.
Taken aback with the unexpected question from Nagaraju, the manager said that the bank will never ask OTP of account holders. He checked the transactions in Nagaraju’s account and came to know around Rs 2.5 lakh was withdrawn from his account. The registered case was transferred to Cyber Crime department to track the online fraudster.
