Retired Banker Loses RM1.98 Million to Love Scam
Retired Banker Loses RM1.98 Million to Love Scam

Retired Banker Loses RM1.98 Million to Love Scam

News summary

A 72-year-old woman from Kudappanakunnu lost Rs 75 lakh to online fraudsters impersonating RBI and CBI officers, prompting an investigation by city cyber police. Similarly, three residents of Thiruvananthapuram were scammed out of Rs 72 lakh through a fake job scheme that required security deposits for tasks. In Malaysia, a retired banker fell victim to a 'love scam', losing RM1.98 million after transferring money across multiple accounts to retrieve a non-existent parcel. In New Zealand, a retired engineer was scammed out of $22,500 while selling items online, following a phishing scam linked to NZ Post. The common thread across these incidents highlights the vulnerability of older individuals to sophisticated online scams. Authorities are urging the public to exercise caution with financial transactions, especially involving social media interactions.

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