By ETF Desk
In a recent incident reported by the Deccan Herald, a retired senior banking officer in Udupi lost ₹22 lakh after falling victim to a scam, where fraudsters impersonated officials from the Enforcement Directorate (ED) and Central Bureau of Investigation (CBI).
The perpetrators contact the former employee with purported legal notices and requests to remit funds to purportedly “free” accounts, claiming that the money was required for a pending investigation. By exploiting the victim’s trust and familiarity with bank procedures, the scammers were able to convince him to transfer the full amount to a bank account they controlled.
Such incidents are increasingly common in Karnataka’s districts, and authorities are urging banks and citizens to verify any official communications directly through official hotlines. The victim, who has returned to a quiet life after retirement, has filed a complaint and is awaiting assistance from law‑enforcement agencies. Source: Google News – Udupi.