Retired Banker Loses ₹22 Lakh to Fraudsters Masquerading as ED, CBI
By ETF Desk
A retired bank employee in Udupi is now the victim of a sophisticated scam that cost him ₹22 lakh. The fraudsters contacted him by phone, claiming to be officials from the Enforcement Directorate (ED) and Central Bureau of Investigation (CBI), and coaxed him into transferring the money to a supposedly legitimate government account.
According to the employee, the callers spoke in a convincing manner and used official-sounding jargon, which led him to trust the instructions. The impersonators later demanded the transfer be completed within a short time frame, providing an emergency tone that played into his fear of legal repercussions. No receipts or official documents were ever produced, and the call ended with a promise that the funds would be returned once the 'processes' were completed.
The loss has not only deprived him of a substantial sum but has also caused significant emotional distress. He has reported the incident to local law enforcement and is cooperating with investigators to trace the illicit accounts. Such incidents underscore the growing threat of identity‑based phishing scams targeting individuals in Udupi and the wider Karnataka region.
Source: Google News – Udupi.