Gone are the days when phones were used only by a few people, now almost everyone has mobile phones. Apart from making calls, mobile phones are used for various purposes like sending money, booking tickets, ordering food, paying utility bills and so on. You can't even imagine a day without using your phone. While mobile phones are widely used; phone scams are also on the rise. In this blog, we will learn some common phone scams.
This is the most common phone scam in 2019; in which a lot of people have lost lakhs of rupees. Under this scam, fraudsters call up innocent people; claiming to be from the bank. They speak professionally so that nobody suspects them. The caller will use some trick like credit or debit card is going to expire and collect personal banking information. This information consists of the card number, CVV, expiry date and OTP. Once this information is collected, it will be used to carry out a fraudulent transaction. In India, thousands of people have lost money to this fraud and fraudsters mostly target senior citizens.
Many people receive a message, call or email stating that they have won Rs 1 Crore lottery. But, this is not true. It is a trick used by fraudsters to steal your money.
According to a report, lottery fraud is one among the top frauds. In order to receive the lottery money, you will be asked to pay a certain amount as tax or any other charges. After the money is paid there will be no trace of the fraudsters. Recently, a person from Madhya Pradesh was cheated of Rs 23.62 Lakh in the name of providing RBI lottery worth Rs 1.68 Crore.
Insurance Regulatory and Development Authority (IRDA), is the insurance regulator of India. Fraudsters are making use of the IRDA name to cheat people. They call up innocent people and say that their bonus amounts are due. To avail the bonus, policyholders will be asked to provide policy documents or bank details. They also use various other tricks to cheat people.
Under fake loan calls, fake lenders will call the loan seeker; stating that they will sanction loans at very cheap rates without even checking the credit score. To avail a loan, the loan seeker will be asked to pay a certain processing fee or to provide sensitive banking information which would be misused.
Under this fraud, fraudsters call innocent people claiming to be from some reputed company and say they have won a free cruise ticket in a lucky draw; arranged by their company. To receive the price money, they will be asked to pay the registration fee of Rs 100 by visiting a website. All the sensitive information of the user will be stolen by the fraudsters.
Under remote access fraud, fraudsters will somehow make victims download the AnyDesk app, through Google Play Store or by sending them a link through SMS. As soon as the app is downloaded on the victim's phone, a nine-digit app code is generated on the device and fraudsters will ask the victim to share this code.
Once the code is shared with the fraudsters; they will insert the code in their (fraudsters) phone and then the victim will be asked to provide certain permissions. After the permission is granted, fraudsters gain complete access to the victim’s phone including messages, photos, and videos. They can also access the OTP sent by banks.
If you have any issues with a company, it is normal to call up the customer care of that company. Most people search for customer care numbers on Google. But, all the customer care number which come up on Google are not genuine.
There are many fake customer care numbers which are posted by fraudsters to cheat people. Whenever someone calls up these numbers, fraudsters will answer the calls posing as an executive of that particular company and collect the sensitive banking information.
Under this fraud, fraudsters call customers who have made high-value purchases like televisions, appliances, and smartphones on online shopping portals. Fraudsters call them up; claiming to be from the online shopping portal where they have made the purchase.
The call is made after the product is delivered to them. The caller will inform shoppers that they won lakhs of rupees or a car from the lucky draw associated with the purchase made on the online shopping portal. To avail the prize, shoppers will be asked to pay the processing fees.
Fraudsters call the jobseekers and say that have been selected for a job at some reputed company. To get the offer letter, they will be asked to deposit a certain amount of money. Once the money is deposited, candidates will be provided the fake offer letter.
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