Now, retired Mangaluru engineer loses Rs 1.6 crore in courier fraud

A retired engineer in Mangaluru, Karnataka has fallen victim to courier scam – a new cyber fraud - losing a staggering amount of Rs 1.6 crore.

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, police said.

They allegedly asked for ‘caution deposit’ saying it will be returned once the investigation is over, and the victim paid Rs 1.6 crore to them, police added.

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

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

Earlier in February this year, a 66-year-old founder-CEO of a software firm in Bengaluru lost a hefty sum of Rs 2.3 crore to scammers.