All major financial scams summarised

All major financial scams summarised and shown below. Stay alert. 

10 Common Tricks Used by Scammers: Beware and Stay Safe

Scammers target people of all ages, but middle-aged and elderly individuals are particularly vulnerable. Be cautious and aware of these common tricks:

1. *TRAI Phone Scam*: Fraudsters claim to be from TRAI, stating your mobile number is linked to illegal activities, and services will be suspended.

    - Reality: TRAI doesn't suspend services; telecom companies do.

2. *Parcel Stuck at Customs*: Scammers claim a parcel with contraband has been intercepted and demand payment.

    - Action: Disconnect and report the number.

3. *Digital Arrest*: Fake police officers threaten digital arrest or online interrogation.

    - Reality: Police don't conduct digital arrests or online interrogations.

4. *Family Member Arrested*: Scammers claim a relative will be arrested and demand payment.

    - Action: Verify with family members before taking action.

5. *Get Rich Quick Trading*: Social media ads promise high returns on stock investments.

    - Reality: High-return schemes are likely scams.

6. *Easy Tasks for Big Rewards*: Scammers offer high sums for simple tasks, then ask for investment.

    - Reality: Easy money schemes are scams.

7. *Credit Card Issued in Your Name*: Fake executives confirm large transactions on bogus credit cards.

    - Action: Check with your bank.

8. *Mistaken Money Transfer*: Scammers claim incorrect transactions and ask for refunds.

    - Action: Verify transactions with your bank.

9. *KYC Expired*: Scammers ask for KYC updates via links.

    - Reality: Banks require in-person KYC updates.

10. *Generous Tax Refund*: Fraudsters pose as tax officials, asking for bank details.

    - Reality: Tax departments already have bank details and communicate directly.

Stay Safe:

1. Verify information before acting.

2. Don't click suspicious links.

3. Confirm transactions with banks.

4. Report suspicious calls/numbers.

5. Be cautious of high-return schemes.

6. Update KYC in-person.

7. Don't share personal/bank details.

Report Scams:

1. National Consumer Helpline (1800-11-4000)

2. Cyber Crime Reporting Portal (cybercrime.gov.in)

3. Local Police Station

Stay informed, stay vigilant!