Modus Operandi
- Fraudsters pretend to be buyers on online selling platform & show interest in your product.
- Instead of paying money to you, they use “request money” option through UPI app and insist to approve the request to pull money from your bank account.
Precaution
- One should be careful while making financial transactions for online products.
- Always remember, to receive money there is no need to enter your PIN / password anywhere.
- If UPI or any other app asks you to enter your PIN to complete transaction,it means you will end up sending money instead of receiving it.
Source File :
https://www.dropbox.com/s/fushd05aotweevm/Booklet_RBI_2607_21.pdf?dl=0