Ludhiana Cloth Trader Defrauded of ₹3.42 Lakh in Cyber Scam
Ludhiana cloth trader loses ₹3 lakh to cyber fraudsters
Hindustan Times
Image: Hindustan Times
Lalman Yadav, a cloth trader from Kabir Nagar district in Uttar Pradesh, lost ₹3.42 lakh due to a cyber fraud where scammers cloned his UPI account. The case is under investigation by Ludhiana police, who are tracing the digital trail of the suspects.
- 01Lalman Yadav fell victim to a cyber fraud involving UPI account cloning.
- 02The fraud resulted in a loss of ₹3.42 lakh (approximately $4,100 USD).
- 03A zero FIR was registered at Bakhira police station in Sant Kabir Nagar district.
- 04The investigation is being conducted by the division number 1 police station in Ludhiana.
- 05Police are focusing on tracing the fake UPI account and the digital trail used by the fraudsters.
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Lalman Yadav, a cloth trader based in Ludhiana, Punjab, lost ₹3.42 lakh (approximately $4,100 USD) to cyber fraudsters who cloned his Unified Payments Interface (UPI) account. The incident occurred when scammers allegedly hacked into his bank account and created a duplicate UPI profile to conduct unauthorized transactions. Following the incident, an inquiry was initiated by the Bakhira branch of the State Bank of India in Uttar Pradesh, leading to a complaint filed with the Uttar Pradesh police. A zero FIR was registered at Bakhira police station in Sant Kabir Nagar district on March 16, which was later transferred to Ludhiana for further investigation. Inspector Paramvir Singh, the station house officer, confirmed that a case has been registered under Section 66-C of the Information Technology Act against unidentified individuals. The police are currently working to trace the fake UPI account and the digital trail used by the accused, employing advanced cyber techniques to identify the perpetrators. Efforts are underway to apprehend the fraudsters as the investigation progresses.
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This incident highlights the vulnerability of digital payment systems and the need for enhanced security measures for users.
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