WhatsApp scam alert: How replying ‘No’ to fake bank debit message can empty your bank account

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Hyderabad reported incidents of WhatsApp message fraud causing victims to lose significant amounts of money. A chartered accountant lost lakhs after responding to a fraudulent message regarding a bank transaction. Similarly, two retired principals lost Rs 64 lakh due to scams in which one of them was misled into updating their KYC information. Authorities advise against responding to such messages and recommend contacting official channels.