Kolkata residents lose Rs 1 crore in 5 months to app fraudsters; source: The Times of India

Kolkata Residents Fall Prey to App Fraudsters: estimated loss of Rs 1 Crore in 5 Months

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In an unfortunate incident, residents of Kolkata have fallen victim to app fraudsters, resulting in a collective loss of Rs 1 crore over the past five months. The rise of digital transactions and the increased reliance on mobile applications have made unsuspecting individuals vulnerable to sophisticated scams.

Several victims reported that the fraudsters contacted them via phone calls or messages, posing as customer service representatives from popular mobile payment apps. These scammers used various tactics, including fake promotional offers and account verification requests, to trick users into sharing their sensitive personal and financial information.

Once the fraudsters obtained the victims’ details, they swiftly accessed their bank accounts, initiating unauthorized transactions or siphoning off funds. Many of the affected individuals only realized they had been duped when they received bank statements displaying unusual activities.

Law enforcement agencies are actively investigating the cases, and efforts are being made to trace the perpetrators. Authorities have urged citizens to remain vigilant and take precautionary measures to protect themselves from such fraudulent activities. It is advised to verify the authenticity of any communication received from app service providers before sharing any personal information.

In response to the alarming surge in app fraud cases, cybersecurity experts have stressed the importance of using robust security measures, such as two-factor authentication and strong, unique passwords. Additionally, they have recommended regularly monitoring bank statements and reporting any suspicious activities immediately.

Financial institutions and app service providers have been called upon to enhance their security protocols and raise awareness among users about potential scams and frauds. Collaboration between these entities and law enforcement agencies is crucial to combat the growing menace of app fraud and protect consumers from significant financial losses.

As investigations continue, authorities are determined to apprehend the culprits behind these fraudulent schemes and restore the trust of Kolkata residents in digital transactions. In the meantime, citizens are urged to exercise caution and remain vigilant in their interactions with app service providers to prevent falling victim to such scams.

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