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Banks Frauds

Bank Frauds

There are so many frauds are going on Bank frauds are the commons one as in India every body is having saving and current in their bank .There are so many Bank frauds are going on these days, few of them as follows

Online Bank Frauds

IN these frauds when ever you try to pay online by bank or card, Your bank information is hacked by hacker, that may be your bank user name or password and debit/credit card numbers, expiry and CVV of the card

Phising Link SMS Frauds

IN these frauds customer used to get a sms from unidentifed server, named as bank sever and asking to click on the link. Fraudsters send SMS messages professing to be from a genuine bank, requesting that beneficiaries click on a connection or give individual data, for example, account numbers, PINs, or passwords. These connections frequently lead to counterfeit sites intended to take delicate data.

OTP SMS Frauds

IN these frauds Fraudsters might send SMS messages acting like the bank, asserting that the beneficiary’s record is in danger and mentioning them to share the OTP (Once Secret phrase) they get by means of SMS. When the casualty shares the OTP, the fraudsters can utilize it to do unapproved exchanges.

Fake Offers and Prizes

Tricksters send SMS messages guaranteeing that the beneficiary has won an award or is qualified for a unique proposition, yet to guarantee it, they need to give their bank subtleties or pay an expense. The con artists vanish without delivering on their promises once the victim provides the requested information or funds.

Malware Links

SMS messages might contain connections to malware-tainted sites or applications. The recipient’s device may be infected with malware if they click on these links, allowing fraudsters to steal personal and financial information stored there.

Investment Scams

Fraudsters may send SMS messages promoting fake investment opportunities with promises of high returns. Once victims invest their money, they either receive no returns or lose their entire investment.

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