Retired army colonel duped of ₹56 lakh as fraudsters posing as Mumbai Police threaten him with arrest

The victim was told by the fraudsters that a SIM card issued in the his name had been used to abuse the public.

An 83-year-old retired Army colonel here became the latest victim of online fraud, losing ₹56.05 lakh after scammers impersonating Mumbai police officers threatened him with arrest.

The victim received a call on October 27 from a man identifying himself as Mumbai police Inspector Sanjay Pishe, (Photo for representation)

An FIR was registered at the Central CEN crime police station on November 18, officials said on Friday. According to the FIR, the victim received a call on October 27 from a man identifying himself as Mumbai police Inspector Sanjay Pishe, who claimed that a SIM card issued in the complainant’s name had been used to abuse the public.

The callers told him the inquiry would be conducted online and allegedly extracted his personal, family and bank details while threatening him with arrest if he disclosed it to anyone, it said. They also demanded his live location every three hours and instructed him to share his bank details on WhatsApp for “RBI verification”, the FIR stated.

Believing them, the complainant shared details of four bank accounts and, on their instructions, transferred ₹6 lakh and ₹5 lakh from his bank account to another account as specified by the fraudsters. Later, he was directed to liquidate his mutual funds and other investments.

He then transferred another ₹35.05 lakh from his bank accounts and ₹10 lakh more to the same bank account specified by the fraudsters. When he sought a refund, the impostors claimed that RBI was verifying the funds and would return the money within three days.

Based on the victim's complaint, a case was registered under relevant sections of the Information Technology Act and section 318(4) (Cheating) of the Bharatiya Nyaya Sanhita, police said, adding that further investigation is underway.