Mysuru: Online fraudsters have defrauded a bank employee of Rs. 10.66 lakh under the guise of cancelling a new credit card process. The victim, identified as Harish (name changed), a resident of Kalyangiri, Mysuru, lost Rs. 10,66,717 in a series of unauthorised transactions from his bank accounts. The scam occurred on Thursday around 4.30 pm…
Anatomy of online bank fraud
March 15, 2023By B.N. Pramodh In recent years, we have seen a lot of cases being reported for online bank fraud. According to NCRB (National Crime Records Bureau), there’s a decline in online bank fraud in India, with reported cases dropping from 160 crore in 2020-21 to 128 crore in 2021-22, but it is important to note…
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