A 60-year-old businessman from the upscale Malabar Hill area in South Mumbai has been duped by a cyber fraudster to the tune of Rs 7 lakh. Police said the scamster fraudulently obtained the senior citizen’s credit card details, and his online banking details, and later made 54 unauthorised transactions in just 11 minutes. Most of the transactions were done to buy something online and originated in New York City. The Malabar Hill police recently registered an FIR in this regard.

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