21 October 2026
ADVERTISEMENT
ADVERTISEMENT

Retired IFS Officer Duped of Rs 11.70 Lakh by Fraudulent Pension Officer

The 61-year-old retired officer from Vasant Enclave lodged a complaint stating that he received a call from a fraudulent pension officer from Gwalior
Indian Masterminds Stories

A retired Indian Forest Service (IFS) officer has been defrauded of his post-retirement savings of Rs 11.70 lakh by a man impersonating a treasury officer from the Gwalior pension department, Delhi Police reported. The accused used the stolen money to purchase jewellery.

The 61-year-old retired officer from Vasant Enclave lodged a complaint on October 24th, stating that he received a call from a man claiming to be a treasury officer from the Gwalior pension department. The caller informed the officer that he needed to complete some documentation to access the benefits of his pension account and shared a link for the officer to fill in his details.

After submitting the form, the officer’s account was immediately drained, and Rs 5 lakh was transferred to an account linked to Mr. Lochan Prasad from Chhattisgarh. The money was further transferred to various bank accounts in the Champa district and withdrawn in Asansol, West Bengal. The investigation revealed that the funds were used to make purchases at a jewellery shop, captured on CCTV footage, showing the person who withdrew the money buying the jewellery.

On November 9th, Lochan Prasad was arrested in Champa. He revealed that he had opened a Union Bank account under the instruction of one Mr. Vikas Kumar for a commission of Rs 5,000. Kumar was arrested later in the Shakti area. Police also traced Kumar to his shop, and further investigations led to the identification of one Mr. Gandhi Sanday, who allegedly orchestrated the scam. Gandhi, believed to be operating from Dubai, remains at large.


Indian Masterminds Stories
Join our WhatsApp Channel
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
bankofmaharashtra
Bank of Maharashtra Pays ₹78.60 Crore Interest on ₹1,000 Crore Basel III Tier II Bonds 
Adani Green’s Khavda Project: How India Is Building the World’s Largest Renewable Energy Plant
Adani Green’s Khavda Project: How India Is Building the World’s Largest Renewable Energy Plant
Baghpat Women Self-Help Group Loans
Uttar Pradesh Targets ₹47 Crore in Bank Loans for Women’s Self-Help Groups in Baghpat
Central Bank of India ESG Award 2026
Central Bank of India Honoured with Silver Award for ESG and Financial Inclusion at ASSOCHAM Summit 2026
Adani-Green-Energy-Ltd-Share-Price
Adani Green Energy’s H1 EBITDA Rises 41% to ₹7,957 Crore; BESS Capacity Reaches 6.63 GWh
MECL 55th Foundation Day
MECL Marks 55th Foundation Day, Reaffirms Commitment to Critical Mineral Exploration and India’s Mineral Security 
Road Accident Compensation Scheme 2026
Road Accident Compensation Scheme 2026: Supreme Court Seeks Clarity On Uninsured Vehicles
MCD teacher recruitment
MCD Teacher Recruitment: Why Delhi High Court Denied 10-Year Age Relaxation
ADVERTISEMENT
ADVERTISEMENT
Videos
Dr Saket Badola IFS
Beyond Tigers and Safaris: How Corbett Literature Festival Wants to Change the Conservation Conversation
PK Jena
Why Technology Cannot Replace Human Connection in Governance: P.K. Jena
PK Jena
The IAS Officer Who Put People Before Paperwork: How PK Jena Challenged Corruption and Reformed Governance
ADVERTISEMENT
UPSC Stories
Mavis tak
From Dropping Out of School to Becoming an IPS Officer : How a Father’s Unwavering Support Helped Mavis Tak Achieve Success
For Mavis Tak, becoming an IPS officer once seemed like a distant dream. Despite financial struggles...
Bhikan Rojekar UPSC
He missed MBBS by 1 mark in 2016; Maharashtra’s Bhikan Rojekar secures UPSC AIR 812
Bhikan Rojekar secured AIR 812 in UPSC CSE 2025 in his third attempt. Read how the son of a farm labourer...
Umar Janj UPSC CAPF
15+ Failures Couldn’t Stop Him: Umar Janj Secures AIR 160 in UPSC CAPF 2025
After multiple SSB setbacks, a CAPF interview miss by 12 marks and more than 15 failures, Umar Janj secured...
CSR NEWS
EIL CSR-
Engineers India Distributes Assistive Devices to 55 Divyangjans in Gurugram Under CSR Initiative
EIL’s CSR initiative provides motorised tricycles, hearing aids, wheelchairs and other aids to promote...
HPCL Gorakhpur cricket stadium
HPCL Commits ₹10 Crore Under CSR for International Cricket Stadium Development in Gorakhpur 
The CSR contribution aims to strengthen sports infrastructure, promote grassroots cricket, create employment...
nhpc csr
NHPC Tanakpur Power Station Provides Vehicles Worth ₹40 Lakh and Medical Equipment Worth ₹28 Lakh Under CSR
Uttarakhand CM Pushkar Singh Dhami Flags Off Three Vehicles for Forest Divisions and Inaugurates a Phacoemulsification...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
bankofmaharashtra
Bank of Maharashtra Pays ₹78.60 Crore Interest on ₹1,000 Crore Basel III Tier II Bonds 
Adani Green’s Khavda Project: How India Is Building the World’s Largest Renewable Energy Plant
Adani Green’s Khavda Project: How India Is Building the World’s Largest Renewable Energy Plant
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
Dr Saket Badola IFS
PK Jena
PK Jena
ADVERTISEMENT
ADVERTISEMENT