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Cyber fraud: BoB asked to refund victims ₹18.8 lakh
The Free Press Journal - Indore
|April 24, 2026
Victim’s SMS alerts were disabled and transactions were carried out without authentication
The Bombay High Court has directed Bank of Baroda to refund ₹18.79 lakh to a 75-year-old Mumbai woman and her daughter-in-law, holding them victims of cyber fraud involving unauthorised internet banking transactions and finding no negligence on their part.
A bench of Justices Bharati Dangre and Manjusha Deshpande noted that the fraud followed a “similar modus operandi” to an earlier SIM-swapping case, where SMS alerts were disabled and transactions were carried out without authentication by the account holder.
Dit verhaal komt uit de April 24, 2026-editie van The Free Press Journal - Indore.
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