Mumbai: With many people falling prey to fictitious offers, the Reserve Bank Tuesday asked public to immediately register a complaint with the police or cyber crime authorities when they receive such offers of money from abroad.
RBI in a statement advised "members of public to immediately register a complaint with the local police/cyber crime authorities when they receive fictitious offers of money from abroad or if they are victims of such offers.
It has also placed, on its website, the list of such nodal agencies with whom the public can register complaints, the statement said.
The Reserve Bank has, it said, "on several occasions in the past, cautioned the members of public against falling prey to fictitious offers/lottery innings/remittance of cheap funds in foreign currency from abroad by so-called foreign entities/ individuals or to Indian residents acting as representatives of such entities/individuals."
Members of public have also been cautioned against making any remittance towards participation in such schemes or offers from unknown entities since such remittances are illegal and any resident in India collecting and remitting such payments directly or indirectly outside India is liable to be proceeded against for contravention of the Foreign Exchange Management Act, 1999.
They are also liable for violation of regulations relating to Know Your Customer (KYC) norms and Anti Money Laundering (AML) standards, it said.
The Reserve Bank has further stated that it does not undertake any type of money arrangement, by whatever name called, and it does not take any responsibility for recovering money remitted in response to such bogus communication, it said.
First Published: Tuesday, January 10, 2012, 22:59