Check out how a Mumbai woman lost Rs 7 lakh by activating her credit card on her Android phone

Digital Desk: There has been a huge upsurge in cyber fraud instances in recent months. As cyber cells and police are working to raise awareness about fraud, internet scammers are coming up with new techniques to deceive people. 

In a recently reported incident of online fraud, a woman from Mumbai lost Rs 7 lakh after switching from an iPhone to a new Android phone to activate her credit card.

According to a recent Times Now report, a woman from Panvel, Bombay, was deceived by an internet fraudster who offered her a credit card and a free Android phone. According to the reports, the 40-year-old lady received a phone call from Saurabh Sharma, who identified himself as a bank official and gave her a new credit card as well as a membership in a local sports club.

The woman accepted his offer and applied for a new credit card. She even gave the scammer her personal information, including her Aadhar card, to start the process. 

Additionally, Sharma, the con artist, claimed that the credit card could only be activated via an Android smartphone. Because the woman was using an iPhone, he requested her to replace it with the new phone he was providing. The woman consented to use the new phone and provided her home address so that the new Android phone could be delivered to her.

The woman received the new Android smartphone the same day she made the call after disclosing all of the details. According to reports, the phone comes with two pre-installed apps: DOT Secure and Secure Envoy Authenticator.

Sharma instructed the woman to enter her SIM card into the new phone and follow the instructions to finish the credit card activation process after getting the phone.

Notably, the woman did what the scammer instructed. After activating her credit card, she received two SMS concerning bank transactions informing her of a 7 lakhs purchase made with her credit card. The transaction took place at a jewellery store in Bangalore.

After receiving messages concerning the unauthorized transactions, the woman realized she had been duped. Unfortunately, because the banks were closed that day, she was unable to verify the transactions and reported the instance of fraud the following day. She attended the bank and then filed a complaint with the Khandeshwar police.

While the matter is still being investigated, this latest theft raises issues about how the fraudster on the phone was able to dupe the woman with a recently issued credit card.