Rajan warns against fake e-mails promising money in RBI's name

IANS 11 April 2016

Rajan was referring to instances of people getting fake e-mails in the name of the RBI or its governor, promising high returns, or of winning lotteries

Echoing warning messages from other financial institutions, Reserve Bank of India Governor Raghuram Rajan on Monday cautioned against fictitious e-mails in his or the RBI's name, demanding money, and asked the public not to fall victim to such frauds.

"Let me emphasise that Reserve Bank never sends out e-mails asking for payments. We have about $360 billion worth of foreign exchange reserves and we also have about Rs.8 lakh crore of government bonds. We really don't need your money," Rajan said here at the launch of the Unified Payments Interface (UPI) system, which will permit users to perform instant push and pull transactions.

"So, if you get an e-mail from me saying you won a competition or a lottery and I am going to send you Rs.50 lakh but please send Rs.20,000 as transaction cost, just junk that e-mail. We do not send out money and we don't also ask for your money," he added.

Rajan was referring to instances of people getting fake e-mails in the name of the RBI or its governor, promising high returns, or of winning lotteries. The fraudsters initially ask potential victims to deposit an amount in a specified bank account as processing or transaction fees.

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Comments

User

anushree gupta

8 years ago

I received a call repeatedly from the following numbers -
08877795401
07033987756
telling me that they needed to link my Aadhar card to the account. They asked me for my card details, Aadhar card number but no passwords. The person said that the card would be linked after we send them the otp on my number.
After a while the asked me fr 2 otps that said we're supposed to make the payments. My account had a sum of 5000 n the payment was for 20000, n still the otp was asked for. I found no sense in that and gave it to them. Later he asked another otp and the entire amount was deducted from the account.
My details -
Prasenjeet Singh
Account number - 33967186015
Base branch - SBI, KRISHNA NAGAR, KANPUR.

Anupama Kaushal
A/c no. - 61130932452
Transaction of â‚¹1999/-
Transaction Id-732611590512

Rajendra kumar gupta
Transaction of â‚¹4999/- twice
A/c no. - 00000011185048745
Transaction ID - JT5832670927SBIBUDDY

MG Warrier

10 years ago

This advice coming from RBI Governor could be taken as a guidance not to get cheated by 'offers' from any unknown source, luring people about fortunes awaiting on payment of 'handling charges', 'transaction costs'or in general an advance payment by whatever name called.