New Delhi, July 14 -- A case has come to light wherein scammers used credit card details to siphon off Rs.8 lakh. A series of fraudulent transactions took place between May 3 and May 30 and after a complaint was made by the bank, a case was registered by BKC (Bandra Kurla Complex) Police on July 11 against the scammer.

How did this fraud take place? The cardholders received calls from scammers who, posing as officials from the telemarketing department of the bank, asked the cardholders to share the card details so that the new card(s) could be issued to them.

Aftercardholders shared their details, the scammers took out money from their accounts. This was in the range of Rs.20,554 to Rs.1.42 lakh,reportedThe Times of India.

It is import...