Over Rs 13 lakh lost to fake emails, SMSes in two years

RBI received five complaints on losing money

PTI | August 10, 2010



Gullible people have been defrauded of over Rs 13 lakh in the past two years by fake emails and SMSes offering them foreign funds, the government said today.

"As per the information compiled by the Department of Banking Supervision in RBI, five complaints have been received regarding losing money while responding to fake emails/SMS messages during the last two years. The amount involved in the complaints is Rs 13,02,705," Finance Minister Pranab Mukherjee said in a reply in the Rajya Sabha.

He said the RBI has been receiving many complaints from citizens and organisations relating to fictitious offers of funds from abroad and is taking steps to prevent people from falling prey to these false promises.

Fraudsters, Mukherjee added, send official sounding communications through e-mails, letters, mobile phone calls, SMS, etc., to gullible people, offering them alluring schemes of receiving funds from abroad through prize money, lottery winnings, scholarship offers, grants, etc.

"RBI has issued, from time to time, many circulars...

cautioning the banks authorised to deal in foreign exchange (called Authorised Dealer Banks) about such fraud... Banks have also been advised to give wide publicity and also bring the contents of these circulars to the notice of their constituents and customers concerned," Mukherjee said.

He said the RBI has also received representations for confirming the genuineness of the offers received in releasing funds 'deposited with the Reserve Bank'.

Comments

 

Other News

Cabinet approves museum at North-South Block complex

The Cabinet Committee on Economic Affairs, chaired by prime minister Narendra Modi, on Wednesday has approved the development of the Yuge Yugeen Bharat Museum (YYBM) at the North and South Block Complex, New Delhi, at an estimated total project cost of ₹3,230 crore, as appraised by the Public Investmen

Cabinet approves extension of Noida metro corridor

The Union Cabinet, chaired by prime minister Narendra Modi, has approved the extension of Aqua Line Metro Rail Corridor from Noida Sector-51 to Greater Noida Sector-04 of Noida Metro Rail Project with corridor for a length of 8.449 km with 5 elevated stations. On operationalization of this corridor, Noid

India reaffirms commitment to climate multilateralism

India has reaffirmed its commitment to climate multilateralism and the principles of Equity and Common But Differentiated Responsibilities and Respective Capabilities (CBDR-RC), calling for a fair, equitable and ambitious outcome at the 31st Conference of the Parties (COP31) to the United Nations Framewo

How the mind can help the body heal itself

Why do some people recover from illness against all odds? Can our beliefs, emotions and consciousness influence the body’s ability to heal? Drawing on over three decades of experience in medicine, research and medical innovation, internationally trained ophthalmologist and author Dr Dinesh Verma ex

1,364 anti-cancer formulations to cost less from today

The National Pharmaceutical Pricing Authority (NPPA), under the Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers, has capped trade margins on the Maximum Retail Price (MRP) of 137 anti-cancer drugs. This was based on the recommendations of an Expert Committee constitute

Who checks the books?

I read about the news about the Coimbatore library over coffee this morning. On the face of it, the headline was about a political ‘war’ between the DMK and TVK. But what stayed with me was something much more important than the blame game behind what had transpired. A writer walking through

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter