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Mangaluru man loses ₹58.26 lakh in online coin sale scam via Facebook ad and WhatsApp extortion

Dec 17, 2024Mangaluru, India1 source

Summary

A Mangaluru man lost Rs 58.26 lakh in an online scam after attempting to sell old coins through an advertisement on Facebook. The incident began on November 25 when the victim contacted a WhatsApp number provided in the ad and paid an initial fee of Rs 750 via UPI. Scammers then demanded additional payments under various pretexts such as GST, insurance, and RBI notice fees, which the victim made through RTGS, NEFT, and UPI. On December 15, the victim received a call from someone claiming to be a Mumbai Cyber Police Commissioner, who threatened him with arrest unless he paid Rs 12.55 lakh. Fearing legal consequences, the victim transferred Rs 9 lakh to a DCB Bank account on December 17. After realizing the scam, the victim filed a complaint at the local police station.

Incident Details

Domain
Fraud & Financial
Harm Types
AI-Powered Financial Fraud
Mechanism
contact
Recipient
IndividualA Mangaluru resident
Dimensions
economic

Sources

1

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