Bengaluru: Elderly man loses ₹7.44 lakh in alleged SIM-swap cyber fraud (opens original article in a new tab)

A 62-year-old man lost ₹7.44 lakh in an alleged SIM-swap cyber fraud when his mobile number was inactive, leading to unauthorized bank transactions. Police have registered a case under relevant cybercrime laws.

• A 62-year-old man lost ₹7.44 lakh from his bank account due to alleged SIM-swap fraud
• The man's mobile number stopped working between May 31 and June 7, 2026, leading to unauthorized transactions
• Police registered a case under IT Act 2000 and Bharatiya Nyaya Sanhita 2023 for identity theft and cheating
• The complainant discovered the fraud after accessing his bank account through an ATM and checking his mini statement