‘Your account is receiving terrorist funds’, Pune man told as cyber frauds dupe him of Rs 1.27 crore

“Your account is receiving terrorist funds. But we can help you get out of the case.” a 73-year-old retired Pune man was told by cyber fraudsters posing as police officers. The senior citizen ended up losing a staggering Rs 1.27 crore of life savings to the online fraudsters in a ‘drugs-in-parcel’ scam in which he was manipulated into making three large transfers over three days.

A First Information Report in the case was registered at Cyber Crime police Station of Pune city by the man who is a resident of Paud Road. In the first week of July, he received a call from a man posing as an executive of an international courier company.