Mumbai businessman gets duped of Rs 1.86 crore with help of 6 missed calls

In an unusual incident, a Mumbai-based textile businessman has been robbed of Rs 1.86 crore through SIM swapping on December 27-28. SIM swapping refers to one of the latest techniques of cyber fraud used to cheat mobile phone users, according to cyber experts. The victim has been identified as V Shah, who received six missed calls on his mobile phone between 11.44 pm and 1.58 am on December 27-28. Next day Shah found that his bank account has been overdrawn with as many as 28 transactions to almost 15 different accounts. Watch News Nation's special coverage to know more details regarding the matter.