Hello, My PayTM wallet got debited with two fraud transactions which was not done by me. Although the amount is about 750 only, I am worried about how lack of security in these e-wallets will affect other consumers. With Moneylife doing a great job in promoting financial literacy, I thought that highlighting this issue on ML's website and also in the magazine will promote awareness of security issues related to these e-wallets. Also, the lack of support from these e-wallet companies in case of these wrong transactions is also highly concerning
You need to write to the company seeking refund. Send a reminder after 15 days informing the company that you would approach a consumer forum to seek refund of your balance money.

Moneylife...Read More
Comments
Hello Sir/Mam,

I have deposited hard earned money in PRISM INDUSTRIAL COMPLEX LIMITED� CIN-U45400UP2011PLC044999,

From past 8 months company stopped paying interest so we checked with company, and found one of director did fraud and no satisfactory answer get from them.
Than did complaint to CLB Delhi bench 2 months ago, still no answer from Board.

Please guide me how to get my money back?
At Moneylife Foundation, we warn people that corporate FDs are unsecure and not 100% safe. We tell investors to look at credit ratings and only invest in AAA rated companies and not be greedy for...Read More
Comments