fraud alert! Scammers dupe you using Google Pay, phone, 81 users lose ₹1 cr

Amidst reports of looting by cyber criminals 1 crore from 81 Mumbaikars in 16 days through Bank KYC, PAN scam, A new type of online bank fraud has emerged where a fraudster will deliberately send money to your account using Google Pay or PhonePe gateways. After sending money to your bank account through Google Pay or PhonePe, the fraudster will ask you to repay the money as it has been sent by mistake. In a nice gesture, you’ll repay her 10 or 50 immediately on callers’ Google Pay or PhonePe numbers and fall prey to malware attack.

Delhi-based cybercrime expert Pawan Duggal said, “Such online frauds are executed targeting Google Pay and PhonePe users. In this mix of malware plus human engineering scam, someone intentionally uses the Google Pay or PhonePe gateway and calls sends money to your account through. You state that the money was sent to your account by mistake and request that you send the money back to their number. If you send the money back, your account is hacked Will be taken

On how this phishing is carried out, Pawan Duggal said, “When a Google Pay or PhonePe user makes a payment, their entire data including banking and other KYC Documents like PAN, Aadhaar etc become available to the fraudster and these documents are enough to hack anyone’s bank account.”

Caution for Google Pay, PhonePe users

Pawan Duggal, who is the President of Cyberlaw.com, further added, “As I mentioned earlier, this malware is a mix of phishing and human engineering and hence anti-malware software is not going to protect Google Pay and PhonePe users from this online are frauds. So, the best solution for Google Pay or PhonePe users is to answer such calls asking their bank to look into the matter as the money credited to their account came in error Is.

Duggal asked Google Pay and PhonePe users to ask the caller to come to the nearest police station and collect their money, instead of returning the money to the sender.

catch all business News, market news, today’s fresh news events and Breaking News Update on Live Mint. download mint news app To get daily market updates.

More
Less