Faridabad Police Warns Against Rising Cyber Investment Frauds: Tips to Stay Safe

Faridabad, 29th December 2024 – With the rapid increase in online activities, cases of cyber fraud are also on the rise. Faridabad Police are taking extensive action to combat such crimes, but it is equally important for the general public to stay vigilant, as awareness is key to preventing cybercrime.
Rajesh Duggal, Joint Police Commissioner, said that fraud in share market investments has been significantly increasing. Fraudsters lure people by promising high profits, encouraging them to invest money, and then misappropriate those funds. He added that just three days ago, the Faridabad Cyber Police team arrested 15 accused in a case of fraud related to share market investments in Noida. Based on this, advice has been issued to prevent cyber fraud.
Explaining how these fraudsters trap the innocent people in their net, Duggal said that cybercriminals contact people via social media platforms or other means, enticing them with the promise of substantial profits through share market investments. To facilitate the scam, these criminals send links through social media platforms. Upon clicking the link, victims are added to a Telegram or whats App group. The group primarily consists of the scammers’ associates, making it seem like a legitimate operation. If a person tries to verify the investment, they receive positive feedback from these accomplices, which lures them deeper into the trap. Initially, small amounts of money are invested, and a little profit is shown, increasing the person’s trust in the plan. Eventually, the cybercriminals encourage larger investments, and once the money is transferred, they block the victim’s number and disappear. The victim ends up losing their money. The Joint CP warned people that if any of you receive any message or call offering high returns on share market investments, are cautious, as it could be a scam. Everyone has to verify twice before making any financial decisions. Duggal also shared some tips for preventing any cyber fraud. These tips are as follows:
Tips to Avoid Cyber Investment Frauds:
• Do not share personal information: Avoid sharing personal details such as your name, address, phone number, and bank account information with any unknown individuals or websites.
• Do not respond to suspicious emails or messages: If you receive a suspicious email or message asking for personal information or directing you to click on a link, do not respond. Delete it immediately and do not click on any unknown links.
• Only use legitimate websites: Make online transactions only on trusted and secure websites. Look for “https” in the URL and a padlock symbol to verify website security.
• Avoid using public Wi-Fi networks: Public Wi-Fi networks are often unsecured and can compromise your personal information.
• Do not share your OTP: Never share your One-Time Password (OTP) with anyone.
• Check your bank account regularly: Regularly monitor your bank statements to identify any unauthorized transactions.
• Use cyber security software: Install and use cyber security software on your devices to protect them from viruses, malware, and other online threats.
By following these guidelines, you can protect yourself from cyber investment frauds and safeguard your personal and financial information, said Duggal. He also advised in his advisory that if in any case a person is trapped in cyber-crime, how should he or she should report the matter to police.
How to Report Cyber Crimes:
If you have fallen victim to a cybercrime, take the following steps immediately:
• Report the fraud at the nearest cybercrime police station or file an online complaint at https://www.cybercrime.gov.in/ or contact the Cybercrime Cell helpline at 1930.
• Inform your bank and have your account blocked immediately.
• Notify the Cybercrime Cell and provide detailed information about the incident.

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