This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Terms of Use.
Accept
IndiaPost LiveIndiaPost LiveIndiaPost Live
  • Home
  • India
  • World
  • Business
  • Entertainment
  • Sports
Notification Show More
Font ResizerAa
IndiaPost LiveIndiaPost Live
Font ResizerAa
  • Home
  • India
  • World
  • Business
  • Entertainment
  • Sports
  • India News
  • State
  • World
  • Entertainment
  • Business
  • Trending
  • Sports
  • Career
  • Lifestyle
  • Languages
Follow US
© 2024 NM Media. All Rights Reserved.

News » India News » Bihar student withdraws Rs 500, finds Rs 87 crore balance; vanishes in 5 hours

India News

Bihar student withdraws Rs 500, finds Rs 87 crore balance; vanishes in 5 hours

NM Desk
Last updated: 19 December, 2024 3:12 AM
NM Desk
Share
Bihar student withdraws Rs 500, finds Rs 87 crore balance; vanishes in 5 hours
Bihar student withdraws Rs 500, finds Rs 87 crore balance; vanishes in 5 hours

New Delhi: In a truly unbelievable turn of events, a ninth-grader from Muzaffarpur, Bihar, experienced a fleeting moment of unimaginable wealth when a banking error temporarily credited his account with a staggering Rs 87.65 crore.

The incident, involving 15-year-old Saif Ali, lasted a mere five hours before the colossal sum vanished as mysteriously as it appeared, leaving behind a trail of confusion and a launched bank investigation.

Saif’s unexpected journey into the world of high finance began at a local cyber cafe. While conducting some personal business, he decided to withdraw a modest Rs 500 from his North Bihar Gramin Bank account. Instead of the expected balance, the screen displayed an astronomical figure, Rs 87.65 crore. Both Saif and the cyber cafe owner were initially stunned, attributing the display to a technical glitch. However, repeated checks confirmed the shocking balance.

Read More

UP: Monkeys turn saviours, charge towards man trying to rape 6-year old girl
UP: Monkeys turn saviours, charge towards man trying to rape 6-year old girl
National Games boost hotel industry in Uttarakhand, hoteliers expect long-term gains
National Games boost hotel industry in Uttarakhand, hoteliers expect long-term gains
Noida International Airport to witness its first flight landing today
Noida International Airport: First flight landing today

News of this sudden wealth spread quickly. Saif excitedly shared his discovery with his mother, who in turn alerted a village acquaintance. This individual, visiting a Customer Service Point (CSP) for a bank statement, discovered that the colossal sum had disappeared, leaving a corrected balance of Rs 532. The account was subsequently frozen, leaving Saif’s brief millionaire status a curious anomaly.

The entire episode unfolded over just five hours. When Saif and his family visited the bank to report the incident, bank officials confirmed that the money had vanished, and the balance had reverted to normal. An internal investigation is underway to determine how such a significant sum could have been erroneously credited to Saif’s account.

While the bank remains tight-lipped, local authorities suspect the involvement of cyber fraudsters. Cyber DSP Seema Devi commented on the occurrence, noting the prevalence of such cybercrimes, suggesting the possibility of fraudsters exploiting Saif’s account for some time before the error was discovered.

However, no formal complaint has been filed by Saif or his family with the cyber police station.

You Might Also Like

‘From Kashmir to Kanyakumari, it’s now a Railways reality’: PM Modi in Katra

Thar, Bullet, Rolex: Punjab constable ‘Insta queen’s’ Rs 1.35 crore in assets

‘Selective enforcement, vote bank appeasement’: BJP hits out at West Bengal govt over influencer’s arrest as political row deepens

‘It appears that Kalyug has arrived’: HC on elderly couple’s fight for maintenance

PM Modi’s game-changer for Maharashtra: New projects worth Rs 7,600 crore on the horizon

TAGGED:Bank cyber fraudBank fraudBihar BankBihar bank balanceBihar student finds Rs 87 crore balance
Share This Article
Facebook Twitter Whatsapp Whatsapp Telegram Copy Link

Latest News

image editor output image812472244 1770024678844
Singer Jasmeen Akhtar drops her latest single Malak Dyaal
Entertainment
IMG 20260202 WA0000
Indie Artist Prabhanjan Unveils First Look of His Upcoming Afro-Desi Single ‘Thugwa’
Entertainment
indiapost live
They have history and history of overlooking that as well: Jaishankar on Pak-US ties
India News
Centre conspiring to stop free ration of 55 lakh Punjabis: CM Bhagwant Mann
Centre conspiring to stop free ration of 55 lakh Punjabis: CM Bhagwant Mann
India News

You also Like

Renukaswamy murder case: HC restrains media from publishing charge sheet details
India News

Renukaswamy murder case: Karnataka HC grants bail to actor Darsha, Pavithra

NM Desk NM Desk 2 Min Read
India reclaiming its lost glory under current governance, says Jagdeep Dhankhar
India News

Vice-President Jagdeep Dhankar to attend ‘Mahanatya’ on life of Samrat Vikramaditya on April 12

NM Desk NM Desk 1 Min Read
Scooty-riding girl lands on elevated road’s pillar after being hit by car in Noida
India News

Scooty-riding girl lands on elevated road’s pillar after being hit by car in Noida

NM Desk NM Desk 2 Min Read
IndiaPost LiveIndiaPost Live
Follow US
© 2024 NM Media. All Rights Reserved.
  • About Us
  • Privacy Policy
  • Contact Us
Welcome Back!

Sign in to your account