Chandigarh, April 2 -- An 82-year-old retired army officer, Colonel Dalip Singh and his wife, Ravinder Kaur Bajwa, 74, residents of Sector 2-A, have lost Rs.3.41 crore to fraudsters who posed as personnel of the Enforcement Directorate (ED).

The fraud took place on March 18, when Bajwa received a call from an unknown number and the caller falsely accused him of being involved in a money laundering case. The scammer claimed that Bajwa had allegedly sold his bank account details to Naresh Goyal, the jailed owner of Jet Airways, for Rs.5 lakh and had received an additional Rs.20 lakh as commission for laundering Rs.2 crore.

To make their scheme appear legitimate, the fraudsters showed Bajwa his ATM card over a video call and claimed they w...