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08/31/2026

Cyber Fraud: How Fake Ads Freeze Phone And Drain Bank Balance, And What To Do

Outlook Money

A digital arrest, a fake customer service call, a boss scam, investment apps promising high returns, or a fake advertisement link; cyber fraudsters are adopting different ways to trap the innocent. With digital technology, artificial intelligence, apps loaded with new options and features, and different channels to show presence in the virtual world, the digital world is evolving and becoming more nuanced.

Recently, when a Kolkata-based woman lost around Rs 1 lakh after she randomly clicked on an advertisement while checking her Instagram account, her family reported that right after clicking that ad, the phone froze, not even letting them turn it off. By the time they went to a mobile phone shop, which managed to shut it down, the money had already been transferred from their bank account.  

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