Nagpur Businessman Duped of ₹9.8 Lakh by Cyber Fraud

A 65-year-old businessman falls victim to a cyber scam involving a fake bank official.

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Aapla Nagpur Desk
3 Nov 2026, 1:19 AM IST · 2 min read
Source: TOI
Nagpur Businessman Duped of ₹9.8 Lakh by Cyber Fraud
KEY TAKEAWAYS
1

Narendra Kane lost ₹9.8 lakh to a cyber fraudster.

2

The scam occurred on October 23 while Kane was at work.

3

Police have registered a case under relevant laws.

In a troubling incident in Nagpur, a 65-year-old businessman named Narendra Kane was defrauded of ₹9.8 lakh by a cybercriminal impersonating a bank official. The incident took place on October 23, while Kane was at his plastic manufacturing company located in the MIDC industrial area.

The scam unfolded when Kane received a phone call around 4 PM from an unidentified individual claiming to represent his bank. The caller informed Kane that his pension card was being prepared and that he would need to open a link sent to his mobile to complete the process. Trusting the caller, Kane opened the link and entered his personal details.

Unfortunately, this action led to two unauthorized transactions of ₹4.9 lakh each being executed from his bank account within minutes. The rapidity of the fraud highlights the sophistication of cybercriminals and the vulnerabilities faced by individuals in the digital age.

In response to the incident, the MIDC police have filed a case against the unidentified fraudster under the provisions of the Bharatiya Nyaya Sanhita and the Information Technology Act. This case underscores the increasing prevalence of cyber fraud and the need for greater public awareness regarding online security.

As authorities investigate the matter, it serves as a reminder for individuals to exercise caution when receiving unsolicited calls and to verify the identity of anyone requesting sensitive information. The police are urging the public to report any suspicious activities to prevent further incidents of this nature.

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