Active Stocks
Fri Apr 19 2024 12:35:48
  1. Tata Steel share price
  2. 160.00 0.00%
  1. Tata Motors share price
  2. 955.25 -1.66%
  1. NTPC share price
  2. 348.05 -0.95%
  1. Infosys share price
  2. 1,405.50 -1.06%
  1. ITC share price
  2. 423.20 1.01%
Business News/ News / India/  Two Hyderabad men duped of over 1.5 lakh by cyber fraudsters
BackBack

Two Hyderabad men duped of over ₹1.5 lakh by cyber fraudsters

While one man was duped on the pretext of Know Your Customer (KYC) documents updation on an e-commerce payment system, another man was fleeced while buying a car on a portal

Police have registered the case and investigation is underway in both the cases (Photo: iStock)Premium
Police have registered the case and investigation is underway in both the cases (Photo: iStock)

Hyderabad: Two men were duped of over 1.5 lakh by cyber fraudsters in Hyderabad.

While one man was duped on the pretext of Know Your Customer (KYC) documents updation on an e-commerce payment system, another man was fleeced while buying a car on a portal.

"On 13th April, we received two complaints from two different persons. One person Kashinath stated in his complaint that he received a call from an unknown person claiming to update his Paytm KYC and asked him to tell OTPs that Kashinath received on his mobile number. He then told him the OTP, later the fraudster withdrew 1.03 lakh from his bank account," said KVM Prasad, Additional DCP- Cyber Crimes.

In the second incident, the man paid advance money towards buying a pre-owned car on a web portal but later found that he had been duped.

"One Moin stated that he came across a car for sale on the OLX website and contacted the number which was given on the site and asked the person concerned to sell that car to him. The person then asked him to pay 60,000 in advance if Moin wishes to buy the car. Moin believed him and sent him the amount and later when he tried to contact him there was no response from him," the DCP added,

Police have registered the case and investigation is underway in both the cases.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Published: 14 Apr 2020, 02:22 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App