Bank employee loses money after fraudster tricks him to share one-time password

The fraudster identified himself as fellow staff and asked the victim to share details of the credit card provided by the bank for verification

• India Weekly
• 06 January, 2025

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By: India Weekly

A BANK employee in Mumbai lost ₹380,000 after he was tricked into sharing an OTP under the guise of verification of his new credit card by a man who posed as a fellow staff, police said on Monday.

The victim, who works at the bank’s BKC branch, received a call when he was in the office on Friday. The caller identified himself as Mukesh Kumar and said he is an employee of the bank.

He asked the victim to share details of the credit card provided to him by the bank for verification, an official said.

“The victim didn’t sense anything was amiss as the caller mentioned his credit card number and contact number correctly. The caller asked him to share an OTP valid for only 30 seconds,” he said.

As soon as the victim shared the secret code, ₹380,000 (£3,544.37) were siphoned off from his account, following which he rushed to BKC police station and lodged an FIR. Police are investigating the case. (PTI)