Netflix Fraud: Elderly Mumbai Man Trying to Renew Subscription Duped Out of Rs. 1.22 Lakh

Netflix, one of the crucial used OTT platforms, has just lately been used to dupe an aged man in Maharashtra. A resident of Mumbai just lately misplaced Rs. 1.22 lakh in an incident of fraud whereas he was making an attempt to resume his Netflix subscription. The incident was reported by the 73-year-old sufferer at Mumbai’s Juhu police station. As per the police information, the person obtained an electronic mail, which appeared to have been autogenerated by Netflix, reminding the consumer to resume streaming subscription for the month-to-month value of Rs. 499. This led him to click on on the hyperlink that was hooked up within the mail.

The hyperlink required the unnamed sufferer to fill-in his bank card particulars to facilitate the transaction and renew his Netflix account which he supplied instantly.

“A One Time Password (OTP) was generated on his mobile phone for payment of Rs 1.22 lakh. He entered the OTP without noticing the amount and soon after, the amount was debited from his account,” an Indian Express report quoted a police official accustomed to the matter as saying.

Time and once more, cyber safety consultants, banks, in addition to regulation enforcement companies have warned folks towards sharing their account-related OTPs on calls with strangers.

In this case, the sufferer didn’t realise that he was being scammed till an automatic financial institution name requested him to substantiate and confirm if the transaction was made by him.

India’s National Cybercrime Reporting Portal noticed an increase of 15.3 % in reported complaints throughout the second quarter of 2022 in comparison with the primary quarter of 2022. The findings have been published by the Ministry of Home Affairs in October this yr.

Considering the rise in cyber-crimes, Indian authorities have been taking energetic steps to clamp down such situations.

Back in October, the Enforcement Directorate launched a cash laundering probe right into a cellular app named Keepsharer, which was being run by some Chinese individuals.

After raiding on a number of services, the ED had seized funds value Rs 5.85 crore.

In order to safeguard Indians from monetary dangers linked to the crypto sector, the ED has additionally been tightening noose across the operations of crypto exchanges, functioning within the nation.