Clarification on Credit Cards Issued by RBI
The latest trick fraudsters are using to dupe hapless people, as Credit cards issued by the Reserve Bank of India!
“The gullible member of the public is sent a credit card which allows withdrawal of money up to a certain limit, albeit a small sum, from a bank account. Having gained the confidence of the victim thus, the fraudster gets him to deposit a huge sum of money in the same bank account. Once the money is deposited, the card stops working and that would also be the last time the holder of the card (victim) would hear from the fraudster,”” RBI stated explaining the modus operandi in its notice.
The Reserve Bank was forced to issue a notice on Friday after the fraud came to light. It reiterated that India’s central bank does not carry out any business with an individual, whether through savings bank account, current bank account, credit card, debit card, online banking services or receiving and holding funds in foreign exchange or any other form of banking services.
The Reserve Bank also asked public to be cautious about such fictitious offers being made in name of International Monetary Fund (IMF), income tax authorities, customs authorities or public figures like Governor, Dr. Raghuram Rajan or other senior RBI officials.
Source: ndtv news
RBI Issues Clarification
