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    HomeHyderabadCyber frauds scam man out of Rs 2 lakh by claiming his...

    Cyber frauds scam man out of Rs 2 lakh by claiming his money was transferred to terrorists

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    India’s Digital Rupee Pilot Leads the Way for CBDC Launches, According to Polygon Labs Payments Head

    The post Exclusive: India’s Digital Rupee Pilot Sets Benchmark for CBDC Rollouts, Says Polygon Labs Payments Head appeared first on Coinpedia Fintech News Central banks around the world are actively researching, testing, and piloting central bank digital currencies (CBDCs), with several countries already rolling out digital money for public use. However, despite growing interest, day-to-day adoption among citizens remains limited. CBDCs offer several clear advantages. They allow governments and central banks to implement monetary policies more efficiently, making …
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    Cyber criminals recently tricked an elderly man in Hyderabad by pretending to be police officers from the crime branch. They made a late-night WhatsApp call and claimed that money had been sent to terrorists from his account. The man ended up giving them Rs 2 lakh.

    The criminals made a video call to the retired employee, with one of them wearing a police uniform and identifying himself as a Crime Branch SI from Tilaknagar, Mumbai. He warned the man not to tell his wife about their conversation, saying it was related to national security.

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    During the call, the fake officer told the man that the RBI had found transactions to terrorists from his bank account. He claimed that a case of money laundering had been filed, and that the man’s account had been frozen. The man was told that he needed to pay Rs 2 lakh to prevent any further action.

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    The elderly man, believing the scam, transferred the money to the criminal’s account. The next day, he realized he had been scammed and reported the incident to the cyber crime police.

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