Fraudsters use various dubious methods to lure and trick you leading to financial loss. General awareness and right procedures can help prevent occurrences of such financial losses.
What are the common frauds :
Digital Arrest: Fraudsters impersonate government officials or cops and threaten arrest on video calls. They will demand money to release you.
Investment Scams: Very high returns are promised on messaging app group and fake investment apps. These group / app stop responding once you make huge investment and evade refund requests.
Malware / Viruses through Apps: Fraudsters use malware / virus hidden in Apps to secure access to your phone and steal sensitive data.
Impersonation: Fraudsters impersonate your friends or relatives to seek money thereby causing financial loss
Fake job offers: Beware of fake job offers through email or messaging group seeking money upfront for jobs
How to prevent the above scams / financial loss:
Do no share card details or sensitive information like PIN, OTP, Passwords or CVV number.
Do no click on unknown links or do not download unverified apps.
Do not respond to fake calls or messages that comes with fake promises of returns on investments and requests for transfer of money under digital arrest.
In addition, you may report online fraud on the National Cyber Crime government portal at cybercrime.gov.in
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