A significant amount of money was lost by a retired bank operations manager. The individual, aged 64, was targeted by fraudsters. They claimed to be investigating a serious matter and threatened the manager with arrest.

A phone call from an unknown number started the fraud. The caller said an illegal purchase had been made using the manager's personal details. Further details about the incident are available from the source.

The total amount lost is reported to be ₹3.83 crore. The fraudsters posed as officers of a specialized squad.