Dr. No-More: How a Dream Car Deal Drove a Mumbai Doctor into a Cyber Scam Sinkhole!

When Dr. Shah’s dream deal for a Fortuner E4 turned into a nightmare, losing over Rs 5 lakh to a cyber-fraud, it served up a hard lesson in “Online Transaction Fraud Prevention”. Always apply the scooter-to-Ferrari test: if a deal sounds as incredible as scooping…

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When the car deal of the century turns into the scam of the lifetime! Dr. Prabhat Shah, a Mumbai-based doctor, fell prey to a cyber fraudster posing as a bank recovery agent, losing a significant chunk of change, over Rs 5 lakh. The bait? A tantalizing auction of seized properties ad on Facebook. The lesson? If a deal sounds too good to be true, it probably is. So next time you see that ad for a brand new Ferrari for the price of a used scooter, think twice before you hand over your bank details.

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