BEAWARE: A Booklet on Modus Operandi of Financial Fraudster

By:

Sign Up Now! Already a Member? Log In
You must be logged into Bookshare to access this title. Learn about membership options, or view our freely available titles.

Synopsis
There has been a sizable surge in usage of digital modes of payment during the recent years. This has not only led to improved customer convenience, but also contributed to achievement of national objective of financial inclusion to a great extent. As the ease of doing financial transactions improved, the number of frauds in retail financial transactions have gone up. Fraudsters have been using innovative methods to defraud the hard-earned money of common and gullible people, especially new entrants who are not entirely familiar with the techno-financial eco-system. In compiling this booklet, the sole objective has been to pack between its covers maximum possible extent of practical information of real value, especially for those who are inexperienced in financial transactions. It is not just a collection of incidents, gathered at random from various sources, but a meticulously compiled document from the variety of complaints received at offices of Banking Ombudsman. This booklet is an attempt at creating awareness among public about the modus operandi of the fraudsters, while also providing some inputs about precautions to adopt while carrying out financial transactions. This booklet emphasizes the need to keep one's personal information safe, beware of unknown calls/emails, practicing due diligence while performing financial transactions and changing the secure credentials/ passwords from time to time. Hence the title BE(A)WARE – Be Aware and Beware! This booklet is part of the public awareness building initiative by this Office and is being uploaded on EKP for the benefit of all RBI Offices.
Copyright:
2022

Book Details

Book Quality:
Excellent
Book Size:
42 Pages
Publisher:
Reserve Bank of India
Date of Addition:
Copyrighted By:
Reserve Bank Of India
Adult content:
No
Language:
English
Has Image Descriptions:
Yes
Categories:
Nonfiction, Reference, Self-Help
Submitted By:
Bookshare Staff
Usage Restrictions:
This is a copyrighted book.

Reviews

No Rating Yet