December 19, 2024

News , Article

Class 9 Student in Muzaffarpur Accidentally Becomes Millionaire for 5 Hours Due to Bank Glitch

Class 9 Student in Muzaffarpur Accidentally Becomes Millionaire for 5 Hours Due to Bank Glitch

In an unusual turn of events, a Class 9 student from Muzaffarpur, Bihar, was shocked to find INR 87.65 crore in his bank account. The incident occurred when Saif Ali, a student from Chandan Patti in Sakra block, went to a local cyber cafe to withdraw INR 500. To his astonishment, his account balance displayed an amount far greater than anticipated.

According to the report by Jagran, Saif, initially thinking it was an error, checked his balance again, and the large sum was displayed again. Shocked and unable to comprehend the situation, Saif rushed home and informed his mother, who, in turn, shared the news with a local villager. The villager, who visited the Customer Service Point (CSP) for a bank statement, found that the massive balance had disappeared and was replaced by the correct amount of INR 532. Furthermore, the bank froze the account to investigate the anomaly. 

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Bank Investigates Glitch After Muzaffarpur Student Finds INR 87.65 Crore in Account; Cyber Experts Suspect Fraud

The entire episode lasted only five hours, during which Saif unknowingly had access to a fortune. The bank later confirmed that the sum had vanished, and the account balance returned to normal.

The North Bihar Gramin Bank has launched an internal investigation to determine how such a large amount was mistakenly credited to Saif’s account. While officials have not provided a clear explanation, cyber experts suspect that fraudsters may have exploited the student’s account, leading to the erroneous balance display. Cyber DSP Seema Devi commented on the incident, stating that cyber fraud involving misappropriated funds is not uncommon. However, Saif and his family have yet to file a formal complaint with the cyber police.

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