A Man lost Rs 2.5 lakh after falling for KYC update scam: Know how the scam unfolded and how to avoid falling for such frauds. In today's digital world, banking frauds are on the rise and scammers are coming up with new ways to trick people. One such case recently surfaced in Pune, where a 54-year-old man lost Rs 2.5 lakh after falling for a fake KYC update scam.