A resident of Mangaluru has lost Rs 3 lakh in a credit card upgrade scam, according to a complaint lodged with the local police. The victim, whose identity has not been disclosed, alleged that unknown persons fraudulently obtained his card details under the pretext of upgrading his credit card.
How the Scam Unfolded
The complainant reported receiving a phone call from individuals posing as bank representatives. They offered to upgrade his credit card to a higher tier with enhanced benefits. Trusting the callers, the victim shared sensitive card information, including the card number, expiry date, and CVV. Shortly after, he discovered unauthorized transactions totaling Rs 3 lakh from his account.
Police Investigation
Authorities have registered a case under relevant sections of the Indian Penal Code and the Information Technology Act. Police are investigating the source of the calls and tracking the money trail. They have urged citizens to be cautious while sharing card details over the phone.
Rising Cyber Fraud Cases
This incident adds to a growing list of cyber fraud cases in Karnataka. Officials advise never to share card details, OTPs, or passwords with unknown callers. Banks typically do not ask for such information for upgrades.
The victim has been advised to contact his bank to block the card and initiate a chargeback process. Meanwhile, police are working to identify the fraudsters through call records and digital footprints.
