City resident loses ₹88,516 in credit card fraud - News Summed Up

City resident loses ₹88,516 in credit card fraud


A resident of the city reported credit-card fraud to the tune of ₹88,516 through his SBI credit card (FILE)more-inA resident of the city reported credit-card fraud to the tune of ₹88,516 through his SBI credit card on Thursday. Hari Kumar, a native of Poojappura, who works in an automobile showroom, reported to have lost ₹88,516 through a single transaction. Soon after receiving an SMS alert, Hari Kumar contacted the bank and blocked the card. With the transaction being done without a one-time password (OTP), officials of the bank suspected that it could have been initiated from outside the country. ComplaintsComplaints have been submitted to the District Police Chief (Thiruvananthapuram city) and the Cyber Cell.


Source: The Hindu March 29, 2018 18:56 UTC



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