5 Common Online Scam Tactics to Steal Your Money

Zee Media Bureau
Oct 20, 2023

Bank Deactivation Scam

Scammers falsely allege suspicious account activity, using automated calls or texts to prompt victims to call a specified number or click a link for reactivation, all to steal personal and financial data.

Electricity Payment Defaulter

Electricity bill scams employ fake texts, inducing panic for immediate payments, often leading to unauthorized bank withdrawals.

KYC Fraud

Scammers pose as bank officials, threatening account deactivation to extract personal data through unsolicited calls, phishing, smishing, and identity theft, including PAN and Aadhaar card-related scams.

UPI Money Request Fraud

This tricks people into sending money through UPI by using fake requests, impersonation, and exploiting app vulnerabilities, leading to financial losses, identity theft, and security risks.

OTP Fraud

Deceptive methods to steal one-time passwords, risking financial loss, identity theft, and security breaches.

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