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The Reserve Bank of India (RBI) has cautioned members of the public as well as financial institutions to beware of some unscrupulous entities/scamsters imitating its mails for fraudulent purposes.
Most of such mails are sent using fake domains, which do not belong to the RBI, but these could be deceptively similar involving use of words such as RBI, Reserve Bank, payment, the central bank said in a statement.
Members of the public as well as financial institutions are, therefore, requested to be careful about such fraudulent activities before taking cognizance or any action on such mails, the statement added.
In July 2018, the RBI had cautioned that unscrupulous elements were using its name and defrauding the common public. These elements use fake letter heads of RBI, send emails impersonating as employees of RBI, and lure people with fictitious offers / lottery winnings / remittance of cheap funds in foreign currency from abroad, the central bank then said.
The targeted public is made to part with money in the form of currency processing fee, foreign currency conversion fee, prepayment, it added.
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