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Retired IIT-B staffer cheated of Rs 4.62 cr; two held over accounts used to receive defrauded money

Tech • February 6, 2026

Retired IIT-B staffer cheated of Rs 4.62 cr; two held over accounts used to receive defrauded money is drawing significant interest across the industry.

Mumbai, Feb 6 (PTI) Two persons were arrested after a 74-year-old retired IIT Bombay staffer was cheated of Rs 4.62 crore through threats of CBI action, with the money transferred to their bank accounts, police said. The complainant, a woman, earlier worked as a medical officer with the Indian Institute of Technology (IIT) Bombay, they […]

Experts suggest this could influence future trends and innovation in the sector.

More updates are expected as the story develops.


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