Retired Bank Employees Fall Victim to Cyber Fraud
Retired Bank Employees Fall Victim to Cyber Fraud

Retired Bank Employees Fall Victim to Cyber Fraud

News summary

A 68-year-old retired SBI employee from Gurgaon was scammed out of ₹8.5 lakh by cyber fraudsters who lured him into a fake stock investment scheme via WhatsApp and Telegram. After joining the 'Ganpati India Financial Club-B92', he was persuaded to invest progressively larger amounts, believing in promised high returns, until he suspected foul play when asked to pay additional taxes for withdrawing his funds. In a separate incident, a 62-year-old retired bank employee in Dharwad lost nearly ₹63 lakh after being tricked by fraudsters offering high payments for old currency notes, leading to multiple transactions based on false promises. Additionally, two retirees in Coimbatore were cheated out of ₹60 lakh collectively by scammers impersonating CBI officers, who falsely claimed their names were linked to illegal activities. Police investigations are ongoing in all cases to track down the perpetrators. These incidents highlight the increasing prevalence of cyber fraud targeting older individuals, often exploiting their trust and naivety.

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