In Bengaluru, a techie fell victim to a well laid out fraud scheme involving smartly designed, deceptive SMS and UPI transactions, resulting in a significant financial loss of Rs 2.7 crore. The scam involved sending misleading SMS messages that appeared to be from banks, prompting victims to make erroneous money transfers. After realizing the deceit, the woman was able to recover a substantial portion of her lost funds. This incident has raised alarms about the increasing sophistication of online financial scams targeting unsuspecting users through familiar communication channels.