Miscreants got away with Rs 45.7 lakh from an engineering company's bank accounts after deactivating it's proprietor's mobile number. The accused also hacked all internet banking credentials from the victim's phone number.
The incident that took place on Monday saw a 24-hour delay in the matter, after the company's chief TV Jagadeesh and his wife Mangala were made to shuttle between two police stations, before finally registering their cyber fraud complaint on Wednesday at the Vijayanagar police station in Bengaluru.
Jagadeesh found that his phone's sim wasn't working on Saturday evening and then on Monday morning a hefty sum of Rs 45.7 lakh had been transferred out of their overdraft and current accounts from Canara Bank in five branches within 30 minutes.
The police officials said that the fraudsters must have deactivated Jagadeesh's sim card after hacking his email account to generate a replacement request. The accused then obtained the replacement sim besides hacking the firm's internet banking credentials.
Reportedly, this all started on Saturday when Jagadeesh found that his phone's sim is not working. On Sunday morning, he contacted the customer care from a different sim card and raised the issue. The executive asked him to get a new sim card and since it was corporate sim, they needed an official letter.
The police have registered a case in the matter under relevant sections of the Indian Penal Code. Further probe in the matter is underway.
Jagadeesh runs a firm named Creative Engineers which manufactures mineral-processing and slurry-pumping machinery at Hegganahalli.
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