Gaining Trust with Personal Details
The caller, who was remarkably well-prepared, managed to gain the trust of the elderly woman by providing specific information, including the name of her husband’s former company, his PAN card number, and retirement details. These seemingly legitimate details instilled a sense of trust in the couple, setting the stage for the fraudulent scheme.
“In all three cases, the victims were conned by the same suspect — Manish Sharma — and lost the money after completing a “verification process” on mobile phones they received in courier packages.”
The fraudsters have used bugged phones to get OTPs for credit card fraud. This is news to me.
“The scammer, posing as an army officer, initiated a video call with Harish and guided him through the steps of opening a Paytm account. Dr. Harish followed these instructions carefully. After creating the account, the scammer instructed him to keep it open for a brief period. Moments later, Harish received a notification that Rs 50,000 had been debited from his bank account. Alarmed by this unexpected deduction, he promptly disconnected the video call. Unfortunately, his troubles did not end there, as he received another notification indicating that an additional Rs 40,000 had been taken from his account.”
"Police Commissioner (Mangaluru) Anupam Agarwal told The Indian Express that the accused downloaded property documents available in the portal. “The downloaded property deeds had thumb impressions. These prints were replicated and developed on a material made of plastic,” he said.
Fingerprints and Aadhaar numbers were used to withdraw money from point-of-sale (PoS) machines used by business correspondents who provide last-mile banking services in rural areas. One of the accused, Agarwal said, was a business correspondent who used the PoS machine to withdraw money illegally."
“The latest scam alert came to light after Kolkata Police uncovered cases where fraudsters are stealing data, including thumbprints, from land registries off the West Bengal Government’s land records website. Two individuals were reportedly arrested for their involvement in fraudulent transactions using the Aadhaar Enabled Payment System (AEPS).”
Scam or Catch 22?
I recently got a call from Bajaj Finserv on 0% interest rate loans i.e. if I take a loan of 5 lakhs today I’ll be repaying exactly 5 lakhs over a period of 15 years. They claim that the company is doing this to get tax benefits. It’s a loan against policy as per the call center agent.
I still find this too good to be true. Has anyone here availed of this loan or know anything about this product?
More details and claims done by the caller
- There will be no processing fee or any related cost
- The agreement will reflect the amount to be paid back which will be the same as the principal amount
- Min 3 lakhs and a maximum 50 lakh limit is available
- The repayment period is 10-15 years
No way 
Bajaj and interest free loans !!! Unbelievable 
That has to be a scam or the ultimate marketing gimmick 
The online scamsters used a fake X account resembling that of the private sector bank, gaining remote access to the victim’s phone. They manipulated him into downloading an app to address the issue, ultimately securing loans totalling Rs 7.5 lakh in his name within a mere 10 minutes.
The complainant was trying to open a digital salary account in a private sector bank and was facing technical difficulties in doing so.
No mention of which bank. Hope this is not Jupiter… 
In this kind of cases, are victims liable to clear that loan amount/fraud transaction? . Else, not liable as FIR has been filed.
@Siddharth_B_R this is a scam. Someone who lives in our apartment received a very similar but from HDFC Life. He being old school went to HDFC Life office to confirm the details and was told all the information given regarding the plan was untrue as such a plan does not exist
I am not sure about this. But I don’t think the loan company will take the loss because someone was gullible.
The victims are liable to pay especially if the culprit is not apprehended. Maybe if the culprit is apprehended he/she may have to pay that loan back.
At the end of the day, the loan was taken on the victim’s name. So he/she is liable for it.
What blows my mind is that, you should protect the money in your bank and the money that could be taken as loan using your details.
The situation is becoming crazier day by day. It’s getting very difficult to save ourselves.
All kinds of theft like pick pocket, identity theft, has become digital and the scale is also expanding.
I felt it was a scam bcs no one would be willing to give interest free loans that too for around 10-15 years. Have reported, blocked and deleted the no.
Has any of you had any positive experience with this?
I have DND and I used to report all the calls. But then I gave up because the same guys seem to call from a different number. It’s very easy for the scammers to get multiple numbers.
There was this lady who had probably 5 numbers and on the same day she called from all those numbers. 
I keep reporting them. The more complaints we submit, the more pressure is created on the telecom providers as well as TRAI to tighten the screws on these spam calls. I also mark them as spam in Truecaller
Priya (name changed) had a similar experience and lost Rs 1,300 while making an online order. When she called the Mumbai Police helpline number, she was asked to call 1930. However, she could not get through even after multiple attempts. She then tried the cyber crime website and gave up after finding the process too cumbersome.
In order to find out if these were isolated incidents, The Indian Express called up the helpline number at least 15 times between August, September and October, but got through only twice. Many of the instances, there was an automated response following which the line was cut with the message “line busy”.