11 November 2026
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Retired IFS Officer Duped, Lost His Pension Money

Indian Masterminds Stories

A retired Indian forest Services officer Mr. Rakesh Chandra was duped in a cyber fraud. He lost all his pension settlement money (₹29 lakh ) a month to a cyber fraud. Mr. Chandra is a Janakipuram resident and retired from his last posting in Aligarh. He has lodged a complaint in police on 24th December saying that the fraudsters had approached him disguising themselves as a treasury officer.

He has also alleged involvement of bank officials in the scam. In the complain, Mr. Chandra said, he got a call on December 8 from a man who introduced himself as Kuldeep from the treasury in Lucknow. He took all of his banking information over the phone conversation. “When I realised that it was a trap call, I immediately went to my bank and asked a bank official to freeze my account. Following this the bank freezed my account,” added Mr. Chandra. After a few days, all of the money from his account had disappeared. He also alleged that bank officials didn’t take any action on his complains when he approached them with the situation.

An FIR under IPC sections 419 (cheating alleged by impersonation) and 420 (cheating), and 66C and 66D of the Information Technology (Amendment) Act, 2008 had been registered at the cybercrime police station in the city.


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