mobanmarketA man in South Delhi has been duped but he didn’t receive a text message, or even an OTP (One Time Password). A Kendriya Vidyalaya (KV) teacher was allegedly cheated of more than Rs 1.5 lakh by unknown fraudsters who hacked into two of his bank accounts and transferred the money to their accounts.
In the initial investigation, the police found that the man did not get any call, messages or shared bank OTPs. The accused transferred the entire amount through eight transactions in just less than three hours.
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What happened and how
The incident is known to have happened between February 10 and 11 when the victim was at a weekly market on Sunday evening.
However, when he returned home, he found emails showing 8 transactions that were done within a span of 3 hours from his two bank account.
A senior police officer said, “From the first account at State Bank of India, the accused transferred around Rs 95,000 to another account. They took Rs 10,000-Rs 20,000 from the second account. The teacher told us both his bank accounts are with the SBI in Delhi. We checked his phone details and found that he had received no calls or messages. We are looking into the matter.”
The cyber police have registered a case of cheating unknown accused.
“We think they got the victim’s phone and managed to hack into the accounts through the banking apps. We are yet to ascertain the exact reason and sequence of events,” said a police officer.
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A one-time password, also known as a one-time PIN, one-time authorization code or dynamic password, is a password that is valid for only one login session or transaction, on a computer system or other digital device.
Similar incident from the past
In a similar incident in April last year, a 25-year-old woman lost a sum of Rs 3.63 lakh to cyber fraud but she had too claimed before the police that she never shared any OTP with anyone.
The woman had received a phone call from the fraudster impersonating her bank official and asking for a OTP, but she didn’t share the details with him.
The man said he was speaking from the bank and had all her banking-related details such as her bank account number.
The man then asked for an OTP.
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However, the woman became suspicious and cut the call, following which the man called her multiple times. He then called her on WhatsApp with a different number and asked if her number is linked to her net banking account.
When the woman confirmed, he asked for the OTP again, prompting her to disconnect the call.
Later, she received two messages from her bank informing her that Rs 3.63 lakh has been withdrawn from her account in two transactions.
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