/ Agencies:
In Raipur, around Rs 3 lakh was withdrawn through UPI from the bank account of a retired elderly man after his mobile phone was lost. The incident has raised concerns over the security of mobile phones and digital payments. After the mobile was lost, cyber fraudsters allegedly used UPI to siphon off the amount deposited in the elderly man’s account.
According to information, repeated withdrawals from the elderly man’s bank account came to light after his mobile phone was lost. The total amount of fraud is said to be around Rs 3 lakh. It is suspected that cyber criminals took advantage of the banking and digital payment facilities active on the mobile phone.
The incident underlines the need for mobile phone security and caution in digital transactions. If a phone is lost, it is important to immediately block the SIM and UPI services and inform the bank.
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