A retired MNC director residing in Mumbai fell prey to a cyber fraud amounting to nearly Rs 25 crore. Fraudsters posing as police and CBI officers intimidated her, claiming she was under investigation for money laundering. The victim, a senior citizen, sold her and her mother’s shares and mutual fund investments, and even obtained a gold loan to pay the fraudsters over a two-month period. Despite attempts to retrieve her funds, she failed, prompting her to file a complaint with the Mumbai police. The cyber police branch initiated a probe, freezing 31 bank accounts connected to the fraud.
