
Chennai senior citizen conned twice in a fortnight by cyber fraudsters
CHENNAI: An 80-year-old man, who retired as managing director of a private firm, lost Rs 1.4 lakh to cyber scammers who struck twice in two weeks.
R Santhanam, a resident of
Velachery
, says he now dreads receiving phone calls. 'I have always been cautious with my financial dealings, but these fraudsters sound so convincing. I feel humiliated and helpless. I just want others, especially people my age, to know how easily we can be misled,' he adds.
His troubles started on Dec 15, 2024, when he received a series of text messages and opened them thinking they were about an impending hospital visit. Then he saw that Rs 77,000 had been withdrawn from his Axis
Bank account
. Santhanam at once contacted the bank's toll-free number to block the card and reported the incident to the cybercrime helpline (1930), the Velachery police, and visited the bank branch 300 metres from his home. The stolen amount, it was later revealed, was transferred to an account in Gurgaon.
On Dec 30, Santhanam received another call from a person claiming to be an Axis Bank manager named Ravi Mishra. The caller said he was calling from Bengaluru and had good news: the lost money had been recovered and would be credited to Santhanam's account shortly. When Santhanam said he would visit the nearby bank branch, the caller insisted that the process could only be handled remotely.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Google Brain Co-Founder Andrew Ng, Recommends: Read These 5 Books And Turn Your Life Around
Blinkist: Andrew Ng's Reading List
Undo
After telling Santhanam to shut himself in a room for privacy, the caller asked him for his customer ID and password. He also asked if Santhanam had other savings accounts. Santhanam gave him all the details. Within minutes, Rs22,000 and Rs46,000 were withdrawn from two separate bank accounts. Santhanam once again approached his banks, only to be informed that the funds had been transferred to an account in Bihar and withdrawn.
'Fraudsters are constantly updating their techniques. In this case, they used information gathered from previous breaches to build trust with the victim,' said a senior cybercrime officer. 'We strongly advise the public to report any suspicious calls immediately and never reveal banking credentials over the phone,' the officer said.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Hans India
25 minutes ago
- Hans India
Benchmarks close mixed in a volatile session
Mumbai: Benchmark BSE Sensex closed lower by 53 points in a volatile trade on Tuesday, snapping its four-day winning run due to profit-taking in banking and energy shares. The 30-share Sensex declined by 53.49 points or 0.06 per cent to settle at 82,391.72 with 14 of its constituents closing lower, 15 with gains and one remaining unchanged. The index opened higher and climbed further 235.58 points or 0.28 per cent to 82,680.79 in morning trade. However, the barometer pared gains later due to profit-taking in index major Reliance Industries, HDFC Bank and ICICI Bank. It dropped by 204.81 points or 0.24 per cent to hit a low of 82,240.40 during the day. The 50-share NSE Nifty eked out gains of 1.05 points to end at 25,104.25, marking its fifth straight day of gains on the back of gains in IT and pharma shares. In the past four days, the Nifty has jumped over 560 points or 2.27 per cent while the Sensex rallied 1,707.7 points or 2.11 per cent. Foreign Institutional Investors (FIIs) bought equities worth Rs 1,992.87 crore on Monday, according to exchange data. 'Markets traded in a lacklustre manner and ended almost unchanged, taking a breather after the recent surge. Participants remain slightly cautious amid mixed global cues, and the divergent trend among index heavyweights continues to weigh on overall sentiment,' Ajit Mishra – SVP, Research, Religare Broking Ltd, said. Among Sensex firms, Asian Paints, Bajaj Finance, Tata Steel, Bajaj Finserv, ICICI Bank, Maruti, Reliance Industries, HDFC Bank and Mahindra & Mahindra declined. Tech Mahindra, Tata Motors, Infosys, HCL Tech, IndusInd Bank and UltraTech Cement were among the gainers. Investors await the outcome of the US-China trade talks being held in London. The BSE smallcap gauge climbed 0.33 per cent and midcap index went up 0.04 per cent. Among sectoral indices, BSE Focused IT surged the most by 1.63 per cent, followed by IT (1.58 per cent), utilities (1.11 per cent), power (0.95 per cent), teck (0.87 per cent), healthcare (0.45 per cent) and commodities (0.40 per cent). Realty dropped 1.18 per cent, telecommunication (0.55 per cent), financial services (0.46 per cent), services (0.21 per cent) and consumer discretionary (0.16 per cent). Overall market breadth was positive with 2,232 stocks advancing, 1,805 scrips declining and 135 stocks settling unchanged on BSE. Meanwhile, the Association of Mutual Funds in India (AMFI) data showed that net inflows into equity mutual funds declined by 21.66 per cent to hit a 12-month low of Rs 19,013.12 crore in May.


Hans India
25 minutes ago
- Hans India
Oswal Pumps IPO on June 13 at Rs 584-614/share
New Delhi: Oswal Pumps on Tuesday said it has fixed a price band of Rs 584 to Rs 614 per share for its Rs 1,387-crore initial public offering (IPO). The initial share-sale will open public subscription on June 13 and conclude on June 17, the company said in a statement. The IPO is a combination of fresh issue of shares valued Rs 890 crore and an offer-for-sale (OFS) of 81 lakh stocks worth Rs 497.34 crore, at the upper end of the price band, by promoter Vivek Gupta. This aggregates the issue size at Rs 1,387.34 crore. Proceeds from the fresh issue will be used for funding certain capital expenditures of the company; investment in wholly owned subsidiary Oswal Solar in the form of debt or equity, setting up new manufacturing units at Karnal, Haryana, payment of debt, and for general corporate purposes. Oswal Pumps commenced operations in 2003 by manufacturing low-speedmonoblock pumps and over the years, it expanded operations to manufacture grid connected submersible pumps, and electric motors.


Time of India
29 minutes ago
- Time of India
Which university and degree makes you eligible for UAE's Golden Visa?
The UAE's Golden Visa programme offers a 10-year residency to high-achieving university graduates in fields the government considers strategically important. Alongside strong academic performance, graduating from a top-ranked international or UAE-based university is a key eligibility requirement, according to Globoprime attestation services. Who is eligible under the education category? Graduates with degrees in select fields can apply for a UAE Golden Visa . The approved disciplines focus on science, engineering, healthcare, and technology, including: by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Villa For Sale in Dubai Might Surprise You Villas in Dubai | Search ads Learn More Undo Artificial intelligence Big data Epidemiology and virology Computer engineering Biotechnology engineering Electronic engineering Software engineering Electrical engineering Genetics and molecular engineering C an current students apply? No. The visa is available only to graduates-not current students. However, students in their final year may begin preparing the required documents for application after graduation. (Join our ETNRI WhatsApp channel for all the latest updates) To qualify, applicants must: Live Events MORE STORIES FOR YOU ✕ What is UAE's Golden Visa and who is eligible to apply: Explained UAE introduces 5 new categories for Golden Visa eligibility « Back to recommendation stories I don't want to see these stories because They are not relevant to me They disrupt the reading flow Others SUBMIT Hold a GPA of 3.5 or above (on a 4.0 scale) Graduate from a university ranked among the top 100 globally or among the top 100 locally (within the UAE) Top 10 Global Universities recognised for UAE Golden Visa According to current global rankings considered by UAE authorities, degrees from these international universities are recognised for Golden Visa eligibility : Massachusetts Institute of Technology (MIT) – United States Stanford University – United States University of Oxford – United Kingdom Harvard University – United States University of Cambridge – United Kingdom California Institute of Technology (Caltech) – United States ETH Zurich – Swiss Federal Institute of Technology – Switzerland University College London (UCL) – United Kingdom Imperial College London – United Kingdom University of Chicago – United States Degrees from these institutions, especially in listed scientific or engineering fields, improve an applicant's chances of visa approval. What is required to apply? Eligible graduates must submit: An officially attested graduation certificate A GPA transcript A letter of recommendation from the university Documents must be translated into Arabic if issued in a different language. UAE-based Graduates also qualify Graduates from UAE universities may also apply, provided their institution ranks among the top 100 locally and they meet the GPA threshold. Why does this Visa category matter? The 10-year Golden Visa allows residents to live, work, and study in the UAE without a national sponsor. It also covers family members. The programme is designed to retain skilled talent that supports the country's development goals in innovation, science, and technology.