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Mumbai Cyber Fraud: 78-Year-Old Bandra Woman Duped Of ₹5.85 Crore In Fake HDFC Insurance Policy Scam

Mumbai: A 78-year-old woman from Bandra West has allegedly been cheated of ₹5.85 crore by cyber fraudsters who lured her with the promise of receiving nearly ₹4 crore from a purported HDFC Bank insurance policy. The accused allegedly posed as insurance company officials, sent her a fake identity card bearing the logo of the Insurance Regulatory and Development Authority of India (IRDAI), and…

Mumbai Cyber Fraud: 78-Year-Old Bandra Woman Duped Of ₹5.85 Crore In Fake HDFC Insurance Policy Scam

A 78-year-old woman from Bandra West has been cheated of ₹5.85 crore by cyber fraudsters who pretended to offer her an HDFC Bank insurance policy, according to police. The suspects allegedly posed as insurance officials, sent her a fake IRDAI identity card, and demanded money under various pretexts. The woman, who runs a tours and travels business, said she received calls from three different numbers in December 2023 and September 2024, claiming to be Vipul Agarwal, Santosh Mishra, and Akash Mittal.

They demanded she pay money to receive the policy's ₹4 crore payoff. After transferring the money, she discovered no such policy existed. The West Cyber Police have registered a case against the suspects and several beneficiary bank account holders.

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