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Wire · opportunities

Thane woman makes Rs 5 token payment on UPI to book 'doctor's appointment', loses Rs 8.18 lakh

5 August 2026 · By · Wire by Fusion42

Published

5 August 2026

Topic

opportunities

◆ Sectors

Fintech

◆ Geography

India

◆ Source

Read at deccanherald.com →

◆ Verified

Fusion42 · 6 August 2026 · Fusion42 review

A woman in Thane lost Rs 8.18 lakh in a cyber fraud after paying Rs 5 via UPI to a scammer posing as a doctor to book a medical appointment. The hospital confirmed no such online booking exists and the contact details were fraudulent.

This Wire brief sits within Fusion42's coverage of Fintech.

◆ ◆ The Wire takeaway

Your UPI payment flows just became a new attack surface for fraud. You need to secure user transaction verification urgently or lose customer trust to these scams.

◆ Coverage

1 source · 5 Aug 2026

◆ Related on Wire

◆ Topics

Fintechupicyber-frauddigital-paymentsfraudindia