Tag: #FinancialSafety

Beware of Online Scams: Woman Loses Rs 1.2 Crore in Investment Fraud

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Beware of Online Scams: Woman Loses Rs 1.2 Crore in Investment Fraud

Online Investment Scam: A Cautionary Tale for Digital Investors By: Javid Amin In an era of increasing online fraud, a 61-year-old government official from Shahdara fell victim to a sophisticated investment scam, losing a staggering Rs 1.2 crore to fraudsters. The scammers, posing as representatives of a fake UK-based online shopping platform, lured her with the promise of high returns. Over 78 days, she was manipulated into investing her life savings, only to realize too late that it was a trap. The Anatomy of the Scam: How It Unfolded The…

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OTP Bypass Scams: A guide to protecting yourself from this dangerous new scam

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OTP Bypass Scams: A guide to protecting yourself from this dangerous new scam

Guarding Against OTP Bypass Scams in Digital Banking By: Javid Amin Online banking has brought unparalleled convenience to our financial lives, but it has also attracted the attention of scammers looking for opportunities. One of the most concerning scams in recent times is the OTP bypass scam, which targets the One-Time Passwords that play a crucial role in securing online transactions. In an OTP bypass scam, fraudsters employ various tactics to obtain your OTP, a unique code sent to your phone to verify your identity during financial transactions. Once they…

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