Business

Beware of this fake Rs 4.59 crore compensation payment notification of RBI: Government

July 13, 2022
Bharat Times

A fake RBI notification offering Rs 4.59 cr to beneficiary: PIB Fact Check

Be careful, a government agency has warned Press Information Bureau (PIB) in a fake notification issued in the name of Reserve Bank of India claiming to give Rs 4,59 million to the beneficiary.

Via its Fact Check Twitter handle, PIB warned that the RBI’s official compensation payment notification is under way, that the RBI does not offer such payments or funds, and that the RBI will never collect personal information. Does not send calls or emails.

The fake notification states that beneficiaries were listed in the recent schedule for payment of Rs 4.59 crore and personal details were sought for depositing that amount.

Check out the fake notification below:

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A common trap laid by fraudsters to steal sensitive personal data including name, age, contact details, bank account information, which can also easily be used to circumvent any bank security procedures.

Scams involving fake payment SMS and email confirmations and notifications are now common.

Receiving a large amount of money always excites enthusiasm and enthusiasm; One can let his guard down for a moment. This is a hoax, be careful!

Scammers will set up a fake email using one of the many free email services available online and mask it with the name of the bank to make it appear genuine in case of an email notification. The email address can be nonreply@XXXXbank.co.

However, only authorized staff members have access to the banking email domain. Since the actual email address is usually hidden behind the visible email address of the sender, one should examine the email address carefully.

There is nothing worse than being overly cautious, so always double, triple and even quadruple check to be safe than regret later.