A surge in digital investment scams is plaguing Bengaluru and other regions, with fraudsters exploiting messaging apps like WhatsApp and Telegram to lure victims with promises of high returns. A 50-year-old businessman in Bengaluru lost Rs 6.6 crore to such a scam, while another elderly man from Hyderabad lost Rs 50 lakh. The CFTC has issued warnings about increasing crypto scams on messaging apps, where scammers exploit default settings to reach users. A Colorado resident lost over $6,000 in Bitcoin to scammers posing as law enforcement. Additionally, a 93-year-old Napa resident lost $20,000 in an email scam targeting elderly people. Authorities are urging citizens to exit and report suspicious group chats immediately to mitigate these risks.
Fraudsters may contact you impersonating officials from the Central Bureau of Investigation (CBI) or Income Tax Department. Beware of such frauds and call 1930 to report such frauds. Stay alert and #SafeWithSBI #SBI #TheBankerToEveryIndian #DigitalArrestScam https://t.co/GTaDruQPSe
“Indian legal authorities will NEVER contact you on Skype". This is one of the warnings that may pop up when you hop onto Skype next. #skype #Digitalarrest #fakepolice @AnkurSharma__ https://t.co/XkLsrbk9E7 https://t.co/U0RQf31RWm
A growing number of scammers are exploiting smartphone payment apps, particularly PayPay, and fake online discount stores to commit fraud, according to police. https://t.co/6tX5AztGwX