Yesterday, I was talking to one of my friends, and he told me about one unusual transaction activity in his bank account. I asked him to share a little more detail.
He then opened his Google Pay and showed me a few transactions of ₹50, ₹100 from Unknown numbers. I immediately asked him to report this transaction and send a letter to a respective bank.
He called me crazy and said that the bank would make fun of his mail by seeing the reporting of transactions of such a small amount.
Just like my friend, many people would ignore it without realizing that their number has been used by scamsters and they could be in big trouble soon.
How?
For this, let me narrate one story.
Let’s name a scammer Mukesh. Mukesh was involved in multiple online scams used to buy Bank Accounts on rent. He bought the bank accounts of Savita, Ravi, Kalyan, Saurabh by offering them ₹1000 on every ₹1 lakh transferred in their bank account.
Now, after getting money from the victims in respective bank accounts he circulated it further to many other bank accounts of his friends & relatives to make it difficult for anyone to track. Along with this, he used some open numbers and UPI Ids, to transfer some small amount to create confusion.
In those UPI Ids, one was of Karan who was not aware of anything. One day Karan got a message that the Bank freezes his account.
When he approached the bank to raise the concern, he came to know that some transactions had been done on his UPI ID by a Cyber crime suspect. Hence he would not be able to make any transaction using his account.
When Karan checked his UPI transactions, he found some small transactions of a few rupees to hundreds from Unknown Sources. He ignored those transactions initially and now couldn’t use his own money.
Scammers always remain one step ahead and proceed with proper planning and they know what happens after Cyber Crime complaints. And therefore they not only work on how to do a fraud but also how to protect themselves right from the beginning.
And in their planning and execution, people like Karan & Amit get into trouble.
So, if you find any Unknown transactions in your bank account, then report it immediately to your respective bank and protect yourself from getting into trouble.
