Bhiwandi Man Loses ₹3.36 Lakh In Online Bank Scam

A 57-year-old resident of Bhiwandi, Sanjay Jain, was allegedly duped of ₹3.36 lakh in an online banking fraud. The incident occurred on the night of May 25, 2026, when Jain received alerts on his mobile phone regarding multiple unauthorised transactions from his Bank of Baroda account.

According to the police, Jain discovered that a total of ₹3,36,272 had been debited from his account through multiple online transactions. The transactions were conducted without his authorisation, and he immediately approached the police to lodge a complaint.

The Shantinagar police have registered a case against an unidentified accused and launched an investigation to trace those behind the cyber fraud. The case has been registered under relevant sections of the Bharatiya Nyaya Sanhita and the Information Technology Act, which deals with cheating by personation using computer resources.

The police are now examining the transaction trail to determine how the money was transferred or withdrawn. Investigators are also attempting to identify the bank accounts, digital platforms, or other channels used in the alleged fraud.

The police are working to trace the unidentified accused and ascertain whether an organised cybercrime network was involved. Further investigation is underway to uncover the details of the scam and bring the perpetrators to justice.

This incident highlights the growing concern of online banking frauds in the region. Residents are advised to be cautious and vigilant when conducting online transactions and to report any suspicious activity to the authorities immediately.

The Bhiwandi police have urged citizens to be aware of the risks associated with online banking and to take necessary precautions to protect their accounts. The police are also working to create awareness about the importance of cybersecurity and the measures that can be taken to prevent such incidents.

In recent times, there have been several cases of online banking frauds reported in the region, resulting in significant financial losses for the victims. The authorities are taking steps to combat these crimes and to ensure that the perpetrators are brought to justice.

The investigation into the Bhiwandi online banking fraud is ongoing, and the police are working to uncover the details of the scam and to identify those responsible. The case serves as a reminder of the importance of being cautious and vigilant when conducting online transactions and of the need to report any suspicious activity to the authorities immediately.

The incident has also raised concerns about the security of online banking systems and the need for banks and financial institutions to implement robust security measures to protect their customers' accounts. The authorities are working to address these concerns and to ensure that the online banking system is secure and reliable.

In conclusion, the Bhiwandi online banking fraud is a serious incident that highlights the growing concern of cybercrime in the region. The authorities are taking steps to combat these crimes and to ensure that the perpetrators are brought to justice. Residents are advised to be cautious and vigilant when conducting online transactions and to report any suspicious activity to the authorities immediately.