UPI Fraud

Prashanth, a Kanakapura resident, was caught by West CEN Crime police due to forged UPI payments UPI transactions increased by double digits during the lockdown months as the virus spread and customers began to prefer digital payments.…

Banks association and payments forums urge the Centre to restore the Merchant Discount Rates. Starting January 1, 2020, Finance Minister Nirmala Sitharaman announced for all businesses with an annual turnover of Rs 50 crore or more to…

IAF Officer Robbed Of Rs 75,000 While Selling Furniture Online; This Is How UPI Fraud Happened With the world going digital, transactions and bulk payments are getting easier, with large amounts just a finger click away. This has also…

Gang Of Fraudsters Arrested For Robbing Olx, Quikr Users: This Is How They Tricked Users Thieves have always found new and innovative ways to con people and make easy money. Nonetheless, the thieves have found the internet not only as…

UPI Fraud: Pune Man Robbed Of Rs 61,000 For Claiming Free Shoes Via Fake Customer Care Since the dawn and fame of the Internet, thieves have invented new ways to rob people to gain easy money. Internet fraud is one of them. No one is…

UPI Fraud: Woman Robbed Of Rs 85,000 When She Called A Restaurant For Booking! UPI frauds don’t seem to stop at any point soon, and the ways of scamming people are newer each time. There is yet another report of a UPI fraud, and…

UPI Fraud Alert: ICICI Bank Issues UPI Warning For All Customers Given the increasing number of UPI based frauds, ICICI bank has issued a few guidelines for their customers, especially while transacting through UPI based apps. …

Last month, Reserve Bank of India had issued a warning to all users against using an app called AnyDesk, which was used by fraudsters to steal money from bank accounts. RBI had advised everyone to immediately uninstall AnyDesk app from…

There have been numerous unfortunate incidents wherein people were duped of several lakhs of rupees from their account through UPI transfer or other such mediums. We have good news for users of such digital payment apps and all the victims…

In a bizarre case of robbery, a man from Noida, UP was robbed of Rs 6.8 lakh, even though he didn’t have a smartphone. Without any OTP or UPI app, how can robbers conduct this fraud? Was it SIM-swapping at work here?