Axis Bank
Fraudulent debiting from account

I lost 40000 rs from my a/c thru a fraud transaction. I recd an email asking to verify which i foolishly did and gave my login id and login password to the fraudster. But what surprises me is that i never gave my transaction password to anybody and still the fraudster could transfer funds from my a/c! Now look at it closely if your transaction password is protecting you your money can not be taken from you even if your account details are revealed to the fraudster. The fraudster can never ask for transaction password untill they produce a fake copy of your account page which is impossible unless the bastard has hacked the bank's server. I know that there are many people who have been blamed by the banks for their own loss of money but question remains - can this be done without an insider?

Company: Axis Bank
Country: India

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