Courier fraud: Retired engineer in Mangaluru conned of ₹1.6 crore

The alleged transactions happened between 2-6 May and the matter came to light when the man told his daughter about it.

ByPTI

Published May 10, 2024 | 11:32 AMUpdatedMay 10, 2024 | 11:32 AM

Financial fraud (Creative Commons)

A retired engineer was allegedly cheated of ₹1.6 crore by frauds in Mangaluru who asked for “caution money” to ward off a possible probe by a central investigative agency, police said on Thursday, 9 May.

The accused, posing as employees of an international courier service, claimed that a package the victim sent had incriminating documents and drugs and probe agencies knew of it, they said.

They allegedly asked for a “caution deposit” saying it will be returned once the investigation is over, and the victim paid ₹ 1.6 crore to them, police added.

The alleged transactions happened between 2-6 May and the matter came to light when the man told his daughter about it.

Police said a case regarding the incident has been registered at the Cyber, Economic and Narcotics Crime Police Station in in Mangaluru city.

Also Read: Kerala businessman, family arrested for alleged financial fraud of ₹500 crore

(Disclaimer: The headline, subheads, and intro of this report along with the photos may have been reworked by South First. The rest of the content is from a syndicated feed, and has been edited for style.)