Ahmedabad Trader Loses ₹3.99 Lakh in 23 Minutes in Online Fraud

A 64-year-old trader from Ahmedabad’s Bapunagar area allegedly lost ₹3.99 lakh from his Union Bank account through three unauthorised transactions carried out within just 23 minutes. The fraud came to light when he checked his mobile phone and noticed messages informing him that money had been debited from his account.

The victim, AbbasHusen ShabbirHusen Sheikh, who lives in Nasibnagar near Vorani Chali in Bapunagar and runs a health and wellness business from home, holds an account with Union Bank’s Gomtipur branch.

Three transactions within 23 minutes

According to the complaint, the transactions took place on September 26, 2026. The victim returned home at around 10 pm and checked his mobile phone, where he found bank alerts about three debits.

The messages showed that ₹98,000 had been withdrawn at 5.26 pm, followed by ₹1.40 lakh at 5.48 pm and ₹1.60 lakh at 5.49 pm. The total amount withdrawn was ₹3.99 lakh.

The trader reportedly told police that he had not carried out any of the transactions. He informed his son, Abidhusen, and lodged a complaint through the national cybercrime helpline, 1930.

Police probe possible digital access

Rakhial police have registered a case against an unidentified person and initiated an investigation.

Based on the victim’s statement that he did not authorise the transactions, investigators are examining whether the fraudsters gained access to his device through an APK file, a screen-sharing application or a phishing link.

The police are conducting a technical investigation to determine how the transactions were executed and identify those responsible.