HDFC Bank: Customers should be careful with fake applications, if you are not careful, you may lose your hard earned money.
HDFC Bank has advised its customers to exercise caution while engaging in trading platforms that may be involved in fraudulent activities offering investment opportunities. The bank highlighted the plethora of attractive offers being advertised on social media and asked customers to be cautious. The main goal of this advisory is to educate clients about the dangers of investment scams and help them stay safe. The bank said fraudsters often make false claims of high returns by investing in a variety of assets, including stocks, IPOs, cryptocurrencies and Bitcoin. Fake Apps Deception This scam involves creating fake investment platforms or apps that show victims a fake dashboard and promise high returns. Manish Aggarwal, Executive Vice President of HDFC Bank, has warned about the scam and highlighted the rise in investment scams. He stressed the importance of creating awareness and sharing information to help consumers avoid these deceptive schemes. Also Read: ITR: Income Tax Return Filing, 7.28 Crore Earned, Call This Helpline Govt, Banks And Regulatory Bodies Prevent Fraudulent Activities It is important for people to be aware and informed to avoid scams. If you fall victim to online fraud, contact your bank immediately to stop payments. You can report the incident by calling the 1930 helpline or reporting it on the National Cyber Crime Reporting Portal. Also Read: RBI: Rs 2000 notes still in circulation in market, even after notification, notes worth Rs 7409 crore not returned to Prabhat Kabar first.