Pune Youth Loses ₹6 Lakhs After Fraudulent Bank App Password Change

Pune
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News18•27-01-2026, 07:00
Pune Youth Loses ₹6 Lakhs After Fraudulent Bank App Password Change
- •A Pune resident, Shriram Raosaheb Gite, lost ₹6.09 lakhs due to a cyber fraud while changing his Bank of Maharashtra 'Maha Mobile Plus' app password.
- •Gite received a notification to enter a new password, and upon doing so, he was logged out of the app.
- •Cyber thieves transferred ₹4.85 lakhs, ₹50,000, and ₹39,000 to other accounts, and ₹35,000 was withdrawn via ATM swap.
- •The fraudulent transfers were made to suspicious accounts at Canara Bank and NSDL Payments Bank.
- •Dehuroad Police Station has registered a case against unknown account holders, urging caution against suspicious links.
Why It Matters: A single wrong click during a bank app password change led to a Pune youth losing over ₹6 lakhs to cyber fraud.
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