Fraudster Syphons Off Rs. 1 Lakh From Farmers Bank Account

Hyderabad, July 19 (Maxim News): Cyber hackers managed to syphon off Rs. 1 lakh in two unauthorized transactions from the bank account of a gullible farmer in Chundur village in Nalgonda district.

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The farmer, Veeramalla Nagaraju who was eagerly waiting for the loan waiver message from the bank received a link sent to him in the name of the Union Bank with a request to update his credentials. Taking it to be genuinely from the bank, he opened the link to comply and furnished all his details only to realize that he was duped. Later he found that his account balance was less by Rs. 1 lakh. He took up the issue with the bank and the local police.  

The police registered a case and advised him to be wary of the fraudulent message links hereafter.  Farmers in the village sounded a caution against opening such fraudulent messages in WhatsApp or emails sent by the tricksters trying to cash in on the loan waiver time. (Maxim News) 


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