Rising Scam Alert: 10 common tricks to watch out for
PTC Web Desk: In today’s fast-paced digital world, scams are on the rise, targeting people across all age groups, with middle-aged and elderly people being particularly vulnerable. As fraudsters devise increasingly sophisticated methods to deceive their victims, it is crucial to remain informed and cautious.
Here’s a detailed look at some of the most common scams circulating today and how to protect yourself.
TRAI Phone Scam
One prevalent scam involves fraudsters impersonating officials from the Telecom Regulatory Authority of India (TRAI). They contact victims claiming that their mobile numbers are linked to illegal activities, threatening suspension of services unless immediate payment is made.
Reality Check: TRAI does not suspend services; such actions are carried out by telecom companies directly. If you receive such a call, hang up immediately and report the number.
Parcel Stuck at Customs
Another alarming scam involves scammers claiming that a parcel containing contraband has been intercepted by customs authorities. They demand payment to release the package.
Action to Take: Do not engage with such calls. Disconnect immediately and report the incident to the authorities.
Digital Arrest Threat
Some fraudsters pose as police officers, threatening victims with "digital arrest" or an online interrogation.
Reality Check: It is essential to remember that legitimate police forces do not conduct arrests or interrogations in this manner.
Family Member Arrested
Scammers often exploit emotional connections by claiming that a family member has been arrested and demands payment for their release.
Recommended Action: Always verify such claims with your family members before taking any action.
Get Rich Quick Trading Schemes
Social media is rife with advertisements promising high returns on stock investments with minimal effort.
Reality Check: These high-return schemes are frequently scams aimed at luring victims into financial loss.
Easy Tasks for Big Rewards
Scammers entice victims with offers of significant compensation for simple tasks, only to later ask for an initial investment or personal information.
Reality Check: Be wary of schemes that promise easy money; they are often fraudulent.
Bogus Credit Card Claims
Some scammers pose as bank executives, claiming that large transactions have been made on a credit card issued in your name.
Action to Take: Always confirm such claims directly with your bank to verify their authenticity.
Mistaken Money Transfers
In this scam, individuals receive calls stating that an incorrect money transfer has occurred, and they are asked to refund the amount.
Action to Take: Always verify transaction details with your bank before responding to such claims.
KYC Expiry Scams
Scammers often send messages claiming that your Know Your Customer (KYC) documentation has expired, requesting updates via links.
Reality Check: Genuine banks require in-person KYC updates; never share personal information through unverified links.
Fraudulent Tax Refunds
In this scam, fraudsters impersonate tax officials, asking for personal bank details to process a refund.
Reality Check: Tax departments already possess your bank information and will communicate directly, never requiring you to provide sensitive data over the phone.
Staying Safe
To protect yourself from these scams, adhere to the following guidelines:
Always verify information before taking any action.
Refrain from clicking on suspicious links in messages or emails.
Confirm any transactions with your bank directly.
Report any suspicious calls or numbers to the authorities.
Remain skeptical of high-return investment schemes.
Ensure KYC updates are conducted in person at your bank.
Never share personal or banking details over the phone or online.
Report Scams
If you encounter a scam or have been a victim of one, it is vital to report it:
National Consumer Helpline: 1800-11-4000
Cyber Crime Reporting Portal: cybercrime.gov.in
Local Police Station: Report incidents to your nearest police station.
- PTC NEWS
