Hyderabad Woman Loses ₹1.8 Cr to Fake RBI Officials in Lottery Scam

India
M
Moneycontrol•26-12-2025, 08:22
Hyderabad Woman Loses ₹1.8 Cr to Fake RBI Officials in Lottery Scam
- •A 77-year-old Hyderabad woman was defrauded of 1.8 crore rupees over nine months by cyber fraudsters.
- •Scammers posed as RBI officials and a 'big businessman,' luring her with a fake 2 crore rupee lottery win.
- •They used fake documents, remote access to her phone, and convinced her to activate net banking across four banks.
- •Fraudsters siphoned money from Indian Overseas Bank, SBI, ICICI Bank, and HDFC Bank through 123 small transactions.
- •The victim was also persuaded to prematurely close her Fixed Deposit accounts before the fraud was discovered.
Why It Matters: Be wary of unsolicited calls promising lottery wins; verify identities before sharing bank details.
✦
More like this
Loading more articles...





