The State Bank of India (SBI) Chandrayangutta Branch in Hyderabad thwarted a digital arrest scam that targeted an elderly couple, saving them from losing their lifetime savings of Rs 46 lakh. The couple, a retired PSU employee and his wife, were threatened by cybercriminals posing as CBI officers, claiming that the husband’s credentials were linked to a fraudulent account involved in a Rs 100 crore scam. The scammers demanded that the couple transfer the amount to an account at ICICI Bank, Aurangabad, under the threat of arrest. The SBI staff noticed the couple’s anxious behavior and engaged them in a calm conversation, uncovering the scam and filing a complaint with the cybercrime helpline. Thanks to the proactive measures taken by the SBI staff, the couple’s money was saved. The incident highlights the growing prevalence of digital arrest scams and the importance of verifying the identity of callers claiming to represent government agencies or banks. The SBI Chandrayangutta Branch has set an example of how alert and proactive banking staff can play a vital role in combating cybercrime and protecting customers’ hard-earned money.
Hyderabad, a major digital heist was averted by a swift-thinking SBI official, preventing the loss of a staggering Rs 46 lakh.
by newsworm | Nov 24, 2024 | Banking, ICICI Bank, State Bank of India