Scammers hack mobile phone of Himachal Pradesh State Co-operative Bank’s customer to withdraw Rs 11.55 crore

In a shocking case of online fraud scammers managed to withdraw Rs 11.55 crore from Himachal Pradesh State Co-operative bank by using a customers mobile phone. As reported by PTI, the fraudsters convinced the customer to download a mobile application on his mobile phone. With the help of the mobile application scammers managed to get access to his bank account in Haiti’s branch of the bank in Chamba district. The stolen money was then transferred into 20 different accounts using NEFT and RTGS payment methods.

How did the scam took place