Fraudsters cheated a 72-year-old Napean Sea Road businessman of Rs77,562 after obtaining his credit card details by posing as executives of a private bank.
Officers from Malabar Hill police station said the complainant, who deals in shares, has a credit card of a private bank.
He recently received a phone call on his cell phone and the caller identified himself as an executive from the bank.
He allegedly told the complainant that the bank was issuing new credit cards to its customers, the police said.
“The accused then asked for the complainant’s credit card number, three-digit CVV number and one-time password (OTP) on the pretext of issuing a new credit card. The elderly man divulged the details following which unauthorised transactions were made using his card,” said an officer from the Malabar Hill police station.
The complainant realised this when he received an SMS alert about the transactions. He got his card blocked immediately.
The Malabar Hill police on Saturday registered a case under relevant sections of Indian Penal Code and Information Technology Act for cheating, impersonation and identity theft.
The investigators are in process of getting the details of the unauthorised transactions made with the complainant’s credit card and the beneficiary.