Shocking! Rs. 499 Netflix payment causes man to lose a huge Rs. 1.2 lakh; how it was done | Tech News

Shocking! Rs. 499 Netflix payment causes man to lose a huge Rs. 1.2 lakh; how it was done

In order to pay Netflix subscription fees, a man lost Rs. 1.22 lakh in a shocking online fraud. Know what you should never do.

By: HT TECH
| Updated on: Dec 02 2022, 16:22 IST
Top tech news of the week: Netflix layoffs, Facebook kills tool, phishing attacks, Apple Watch saves life, more
Netflix
1/7 According to Bloomberg, Meta Platforms Inc., the parent company of Facebook, will soon scrap its social media fact checking tool called CrowdTangle. The tool is used to keep misinformation in check by researchers and analysts but reports suggest that Meta has been reducing the support for the product over the days. The company has not revealed its eventual plans with the tool. (Dado Ruvic/REUTERS)
Netflix
2/7 In a fresh round of layoffs, Netflix has fired 300 employees across different departments, according to a report by Variety. The majority of the employees losing their jobs were based in the US. This layoff comes shortly after Netflix fired 150 employees in May. A spokesperson stated that the job cuts were done to bring down the cost to the slower revenue rate. (REUTERS)
Netflix
3/7 Google has revealed in a report that an Italian company's hacking tools were used to spy on Apple and Android smartphones in Italy and Kazakhstan. According to the report, Milan-based RCS Lab developed tools to spy on private messages and contacts of the targeted devices. Google added that it had taken steps to protect users of its Android operating system and alerted them about the spyware. (Reuters)
Netflix
4/7 A massive phishing scam, which was ongoing for a year, came to the surface after PIXM, an anti-phishing browser extension, exposed it. According to the report, a large number of malicious websites were masquerading as Facebook login pages and stealing the account information of victims and each such website had millions of visits. To make the websites look real, the scammers also added the victim’s name to the URL. (REUTERS)
Netflix
5/7 According to TechCrunch, a Reddit post recently surfaced which highlighted that Microsoft was giving out Minecoins, a native currency of the popular sandbox-style game Minecraft, in order to sway Google Search and Google Chrome users to its rival platform. According to the post, Bing offered the gamers 330 Minecoins for searching with Microsoft Bing on the Edge browser for five days. (Hindustan Times)
Netflix
6/7 Apple Watch has played a crucial role in saving the life of a woman swimmer who got trapped between rocks in the Columbia river. Stuck in the chilly river, she used the SOS feature of the Apple Watch to contact emergency services. The authorities were able to save the woman before hypothermia could set in due to her fast response time in sending the alert. (Reuters)
image caption
7/7 As a part of Instagram’s latest initiative of performing age verification, it is testing two new tools. The first is via video selfies through which the social media platform will run algorithms in collaboration with Yoti to verify the age. The other method will require three people over the age of 18 to confirm that the user’s age matches with what they have responded with. (Unsplash)
Netflix
icon View all Images
A old man lost Rs. 1.22 lakh online over a payment of just Rs. 499 for his Netflix subscription. (Pixabay)

If you are looking to renew your Netflix subscription or get a new plan, then beware! Cybercriminals are in search of the best target from which they can steal money while masquerading as a legitimate online subscription portal for Netflix. This has become very clear after an online fraud came to light in which a 75-year-old businessman, Abhinandan Ajmera, who is into plastic printing material in Juhu, Mumbai was trapped. Abhinandan lost his Rs. 1.22 lakh in an online fraud that was actually supposed to cost just Rs. 499 for the Netflix subscription. How did it happen? It happened after he received a malicious email asking him to renew his Netflix subscription. The email threatened that his subscription will be put on hold due to non-payment of the fee. In a rush, Abhinandan did so many things wrong that should never be done while making online payments. He even failed to verify the source of the link and provided details to fraudsters that should remain a secret from everyone.

Later on, the victim informed police that he had received an email around 10 AM on September 16 along with an attached link to pay his Netflix subscription fee. Later, he entered his credit card details and OTP to renew the Netflix subscription. Shockingly, as soon as he provided the details, he received a call to alert him that “you have made a payment of Rs. 1,22,556, please press 8 if you have not done this transaction.” Soon, he pressed 8 on his mobile phone and the said amount got debited from his account.

Later, the investigation revealed that the attached link to the email was a malicious link, police sub-inspector Sanjay Patil of Juhu police station told Hindustan Times. For now, police are trying to trace the IP address of the device of the fraudsters who sent the fraud email and received the bank details of the businesses.

TIPS to avoid an online scam

  • Make sure you take steps to safeguard yourself while making online payments in any form while checking the credibility of the links shared.
  • Never tap on any link which seems malicious.
  • Think before you pay any online amount via new email.
  • Check the URL closely, if this looks like any other URL that you clicked earlier from the official website of the company or not.

Catch all the Latest Tech News, Mobile News, Laptop News, Gaming news, Wearables News , How To News, also keep up with us on Whatsapp channel,Twitter, Facebook, Google News, and Instagram. For our latest videos, subscribe to our YouTube channel.

First Published Date: 02 Dec, 16:07 IST
NEXT ARTICLE BEGINS