Cases of credit card fraud are constantly increasing. Recently, a fraud of ₹2.6 crore came to light with 350 SBI customers, in which the police arrested 18 accused after a six-month investigation. Experts have advised to be vigilant and adopt security measures to avoid major financial losses.
Credit Card Fraud: Recently, a case of credit card fraud came to light involving 350 SBI customers, resulting in a total loss of ₹2.6 crore. Police arrested 18 accused after a six-month investigation, including call center employees, regional agents, and SIM card distributors. Experts say that card users should be vigilant about their transactions and personal information. By adopting some simple security measures, you can avoid credit card fraud and keep your money safe.
SBI Fraud Case and Arrests
Cases of fraud involving credit cards are constantly increasing. Recently, a major fraud involving 350 SBI customers came to light, resulting in a total loss of ₹2.6 crore. Police arrested 18 accused after a six-month investigation, including call center employees, regional agents, SIM card distributors, and those involved in the use of cryptocurrency.
Experts say that it is extremely important to be vigilant in advance to avoid such fraud. Credit card users should pay attention to their transactions and personal information. By adopting some simple precautions, you can keep your money and bank account safe.
5 Essential Measures to Avoid Credit Card Fraud
1. Do not share your information
Do not give your credit card's OTP, CVV, PIN or password to anyone. Even if someone claims to be a bank official, sharing sensitive information over a call or message can be risky. Banks never have the right to ask for such information.
2. Verify Identity on Bank Calls
If you receive a call from the bank and they ask for information, first verify their identity. To do this, use the bank's official website or customer care number. Do not trust any suspicious calls.
3. Monitor Your Account
Stay alert to every transaction related to your bank account and card. Keep transaction alerts turned on on your mobile so that any unauthorized transaction can be detected immediately. Immediately inform the bank and police of any suspicious activity.
4. Pay Attention to Digital Security
Do not use public Wi-Fi during banking or money-related activities. Always keep your mobile and banking apps updated. Only download any new app from trusted sources such as the Google Play Store or the App Store. Do not download apps from suspicious links.
5. Take Immediate Action if You Suspect Anything
If you suspect any kind of fraud, immediately block your credit card. Inform the bank and police. You can also register a complaint on the National Cyber Crime Reporting Portal. Taking quick action can minimize your losses.
