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CA loses Rs 1.41 lakh in net banking fraud
January, 24th 2012

A chartered accountant employed with a Gurgaon-based MNC and resident of Vasant Kunj in New Delhi alleged that he was fleeced of R1.31 lakh through internet banking fraud.
According to victim Harsh Mehta, 27, the money was siphoned off from his salary account in the Gurgaon branch of
Standard Chartered Bank.
He also claimed to have lost Rs 10,654 on his credit card.

Shuttling between Delhi and Gurgaon to get a police complaint registered since Friday, the KPMG employee said his phone was first hacked and a one time password (OTP) obtained from the bank.

A case is yet to be registered and Mehta claimed that neither the mobile company nor the bank is helping him.

I do use internet banking but such a thing has never happened before. The hacker also got the bank SMS alert service deactivated, so I could not get messages notifying me of transactions, Mehta claimed.

On January 19 around 5 pm, I received an SMS from Airtel giving an ID for changing my SIM number. After that, there was no signal on my mobile. I was surprised as I had never made such a request. I contacted the Airtel customer care officer and he assured me that nothing would happen and they will keep a check, he said.

The next morning, I received an email from the bank showing unknown transactions to the tune of R1.31 lakh. The accused must have hacked my phone first, requested the bank for OTP, activated my SIM on his phone and then transferred funds to his account. As the bank limit was of R1 lakh per day, the accused transferred the amount till midnight. After that, he shifted the remaining balance of Rs 31,000. My credit card was also used for R10,650, the victim added.

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