Bank Account Holders Alert: These 3 types of frauds are coming in the name of KYC, the bank alerted the customers

Ponzi scheme: fraud amounting to 3 billion to 1 million people, two regional directors arrestedPonzi scheme: fraud amounting to 3 billion to 1 million people, two regional directors arrested
Bank Account Holders Alert: These 3 types of frauds are coming in the name of KYC, the bank alerted the customers

Recently SBI decided to allow acceptance of documents for KYC update through email or post due to lockdown restrictions amid the second wave of COVID-19 pandemic in the country. Bank cheated customers online


State Bank of India (SBI) has asked customers to be alert to the increasing cases of online frauds, as several cases of KYC frauds have been reported across the country. On Thursday, June 17, SBI issued an alert on Twitter, warning customers of instances where fraudsters have duped people with Know Your Customer (KYC) verification. SBI said that in cases of KYC fraud, fraudsters send a text message pretending to be a representative of the bank or company to collect personal information of the customer.

Recently SBI decided to allow acceptance of documents for KYC update through email or post due to lockdown restrictions amid the second wave of COVID-19 pandemic in the country. The bank has asked the customers to report all such online fraud cases at https://www.cybercrime.gov.in/.

Amidst rising cases of KYC frauds, State Bank of India has shared three security measures that customers can take to keep their accounts safe:

  • Think before clicking on any link
  • Bank never sends link to update KYC
  • Do not share your mobile number and confidential data with anyone
[embedded content]

Article first Appeared on Informalnewz

 177 total views,  2 views today

Share this on social media

Leave a Reply

×

Hello!

Click one of our representatives below to chat on WhatsApp or send us an email to rokoto.net@gmail.com

× How can I help you?
%d bloggers like this: