The latest victim of a credit card fraud is none other than noted industrialist and billionaire Kumar Mangalam Birla. It has been reported that Birla's credit card was stolen and later cloned. It was later used to make many hefty transactions in Bangalore.
According to an FIR filed with the Mumbai Police, Mr Birla's credit card was used to buy electronic gadgets and jewellery worth Rs. 2.86 lakh. Mr Birla came to know about the fraud only when he received his monthly account statement. Mr Birla was present in Mumbai when these transactions took place.
Birla is the Chairman of the $35 billion Aditya Birla Group, a global industry giant that has varied business interests and operations spread across 33 countries.
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