A 38 year old woman in Pune KYC Fraud Was victimized and an amount of Rs 14.49 lakh was stolen from the woman’s account. With the help of KYC or (Your Your Customer), the details of the customer are linked to the account and in the name of doing so many fraudulent users ask for backing details and OTP. In the past, many cases related to this type of fraud have been reported and banks advise their account holders to be alert to avoid such fraud.
A call was received from the fraudsters of the woman and it was said that it was necessary to update the KYC in her account. After this, a large amount of money was cleared from the woman’s account as soon as she shared the details. We are going to tell you how to avoid fraud involving KYC and what you should take care of as a bank account holder. A little carelessness can cause your account to become empty.
Do not trust fake calls
In most cases scammers call and say KYC expires. Do not trust any such call. Note, no bank is offering the option to update it when KYC expires with the help of a call.
Do not install any app
Scammers often ask users to install an app in the phone, so that the KYC process can be completed. With the help of such an app, the device can be remotely controlled and fraud can be carried out easily. Do not download any app.
OTP sharing mistake
No matter how important it is, do not share OTP with anyone on your phone. Doing so can mean messing with the safety of your account. In any process, the bank does not ask for the user’s OTP.
Account or mobile wallet details
Be careful not to share information related to your banking details or mobile wallet with anyone. Go to the bank directly and confirm if necessary. Sensitive information of users is not asked on the call from the bank.
Do not click on the link
It is better to avoid clicking on the link given in any kind of unknown message. Many links install malware into the device, with the help of which bank details are subsequently stolen.