Fraudster Promises Techie Rs 1000 From PM Cares Fund; Rs 30,000 Robbed From Her Bank Account In Seconds

While the chain snatching and robberies are at an all time low, fraudsters have now turned to online methods of fooling people and looting them of their money. 

A 25 year old software professional from Mumbai was robbed of Rs. 30,000 after she was promised Rs. 1000 from the PM CARES fund.

Find out what went down, right here!

Software Professional Duped Of Rs. 30,000 After Being Promised Rs. 1000 From The PM CARES Fund

The PM CARES Fund is a funding platform that has been created by the Prime Minister for people to donate their money and help the needy. However, there has been a lot of instances where the platform has been misused by cybercriminals to rob money through online fraud. 

Previously, an FIR was also registered against a fraudster who created a fake UPI (Unified Payments Interface) address, “Pmcare@sbi”, that was registered under the PM Care Fund. SBI soon blocked it, and the correct UPI ID is “PMCARES@SBI”.

However, this didn’t seem to stop cybercriminals from robbing people. 

A 25 year old software professional was robbed off of rs. 30,000 in Maharashtra’s Navi Mumbai

Cybercriminal’s Modus Operandi

As per reports, a fraudster called up the victim posing to be an employee of a nationalized bank. The victim was told that the Central  Government has launched a scheme, wherein every citizen will be given Rs. 1000 from the Prime Minister’s Citizen Assistance and Relief in Emergency Situations (PM CARES) Fund.

The victim was also asked to share her bank account details so that the promised amount could be transferred to her account.

While initially, the victim expressed that she wasn’t aware that any such scheme existed, the fraudster managed to convince her about the scheme being genuine. He also shared a link with her through a text message that she would need to click on and follow the instructions to get the promised amount.

Believing the ruse, the victim clicked on the link which led her to a mobile wallet application that she used on a regular basis. On entering the password, she found that Rs. 1000 had been deducted from her account. On contacting the caller again, he said they will be refunded to her if she followed his instructions. 

Then she was given another link on which she clicked, and soon enough, she got texts that another amount of Rs. 29000 was drained from her account in seven transactions.