The Economic Times

'They said it was for tax and fees': Senior citizen spends Rs 64 lakh to 'recover' old insurance funds, ends up with a police notice for criminal activity instead

A 62-year-old senior citizen from Navi Mumbai was cheated of Rs 64 lakh over four years by cyber fraudsters who posed as officials from the Insurance Regulatory and Development Authority (IRDA) and Integrated Grievance Management System (IGMS). The victim was tricked into transferring money for fake charges and even couriered ATM cards. Police have registered an FIR.