Recently a man from a small village in Jharkhand cheated more than 1 Lakh people by conducting a vishing racket. Vishing which is also known as voice phishing is a kind of fraud under which fraudsters pose as calling from a reputed Organization and ask you to provide personal banking information. After collecting all this information, they use it to conduct fraudulent activities.
The fraudster recruited more than 200 people near the Jharkhand-West Bengal border and trained them to pose as bank executives. Those fake bank executives used to call victims and collect their personal banking information such as card number, bank account number, CVV, card expiry date, password, ATM pin, internet banking details and password, and the one-time-password (OTP).
Fake executives used to call up customers and say that they would help them reactivate their account or card, redeem their reward points and even link bank accounts to Aadhaar. Once they get all this information, it is used to make online transactions.
Police were able to identify this vishing racket, while investigating a case registered by a Delhi woman who lost Rs 1.9 Lakhs from her bank account. In her complaint, the woman mentioned that someone had called her claiming to be an RBI official and told her that he would help her link Aadhaar with the bank account. She trusted him and gave him the OTP. After some time, she got to know that the amount had been transferred to an e-wallet.
Fraudsters used to call people all over the country, including metro cities like Delhi, Mumbai, Kolkata and Chennai and trick them out of their money.
Many people fall prey to calls from fraudsters, who collect their personal banking details. They give their personal banking details to fraudsters, thinking they have received the call from the bank and lose their money. One thing you should always keep in mind is, banks never call you asking for personal banking details. If you receive such a call, report it immediately to a local police station.