Home / Mumbai / Mumbai Crime News / Article / Month after man lost Rs 9.5 lakh from account, bank says no refund

Month after man lost Rs 9.5 lakh from account, bank says no refund

Businessman, who lost the money in 71 withdrawals after his mobile and wallet were stolen, says bank failed; bank says it acted, but did not realise that the thief was answering its calls

Listen to this article :
Rajesh Aerat tried to get the bank to block his accounts without success

Rajesh Aerat tried to get the bank to block his accounts without success

A Vikhroli resident, who was robbed of his phone and wallet kept in a parked car, lost Rs 9.5 lakh after the accused changed his ATM PIN using phone banking, increased withdrawal limits and withdrew cash from various ATMs. A month since the theft, victim Rajesh Aerat’s bank has said he can’t get the money back.

Aerat, 51, runs a consulting firm. On August 22, he met his friends for a morning walk at 6 am at the Eastern Express Highway in Vikhroli and kept his mobile phone, wallet and bag in a friend’s car, which was parked on the highway. The group returned at 7.30 am to find the car broken into. After filing the FIR with Vikhroli police, when Aerat checked his ICICI Bank accounts in the afternoon, he found that Rs 9.5 lakh had been withdrawn. “I asked the bank to block my two accounts and ATM cards immediately,” said Aerat, who had tried the same while at the police station but was unsuccessful.

How do you like the new new mid-day.com experience? Share your feedback and help us improve.

Read Next Story
Mumbai: Rape accused dies in custody; family says ‘death is suspicious’

Trending Stories

Latest Photoscta-pos

Latest VideosView All

Latest Web StoriesView All

Mid-Day FastView All

Advertisement