Rs. 9,55,974 polished from the accounts of doctor, teacher and a professional Mysore/Mysuru: From crypto to credit card frauds, techies, bank professionals, teachers, graduates and professionals comprise the largest pool of victims of online scams. As per a Police estimate, nearly 95 percent of cyber complaints are lodged by educated people and working professionals. It…
Fraudster cheats man of Rs. 1.98 lakh on the pretext of activating credit card
October 6, 2022Mysore/Mysuru: A fraudster has cheated a businessman of Rs. 1.98 lakh on the pretext of activating his credit card online. The businessman, who was cheated, is 32-year-old K.J. Shreyams of Hotel Sai Vihar Inn and Suites at Nazarbad. Shreyams’ father had received a credit card from Bank of Baroda via speed post. Shreyams received a…
Rules Changing from Jan. 1, 2021: All you need to know
December 22, 2020From Jan.1, 2021, many rules are going to change, that includes implementation of Positive Pay system to curb cheque frauds, mandatory FASTags for all four-wheelers across India and new mode of GST return filing facility for small businesses. So, before the new rules roll out, here is a lowdown on the new rules / systems:…
Unused debit, credit cards to be disabled for online transactions
January 16, 2020Customers can only use ATM facility New rules from March 16, 2020 New Delhi: In a bid to improve user convenience and increase the security of card transactions, the Reserve Bank of India (RBI) has asked all banks and card issuers across the country to disable online payment services of all those credit and debit…
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