Cyber Fraud Alert: Pune Man Loses ₹6 Lakh After Password Update Scam

• A 32-year-old man, Shriram Gite, from Pimpri-Chinchwad, Pune, was defrauded of ₹6.09 lakh.
• The fraud occurred after he updated his Bank of Maharashtra Maha Mobile Plus app password, leading to his account being logged out.
• Immediately after the password update, multiple unauthorized transactions totaling ₹4.85 lakh, ₹50,000, and ₹39,000 were made from his account.
• An additional ₹35,000 was withdrawn via ATM swipe, bringing the total loss to ₹6.09 lakh.
• The fraud involved unknown accounts from Canara Bank and NSDL Payments Bank; a complaint has been filed at Dehuroad Police Station, and investigations are ongoing.

Why It Matters: Be extremely cautious when updating banking app passwords; cyber fraudsters exploit this process to steal money.