Beware of scams - Beware of fake calls and fake prizes - Paytm Payments Bank Blog:- www.deekpay.com

Scam alert: Beware of fake calls and fake prizes | Paytm Payments Bank Blog

Have you ever answered a phone call or received a text message informing you that you have won a lucky prize and that all you need to do is to confirm your personal and account details? Perhaps some of you were tempted to deposit a nominal amount into an unknown account, expecting that the person would fulfil their promise and you would receive the prize. But in the end you don't receive that prize. This is a typical case of social engineering fraud. How does the scam work?

Scammers are getting extremely creative with these scams. They send spam messages to real buyers and customers of real online marketplaces or websites offering seemingly wonderful deals and prizes. Here are some of the actual text messages that are sent

Do you want to buy the latest foldable phone for just Rs 10,000?

You are our lucky customer. Transfer Rs. 5000 and get your 180cc motorbike.

You have won an SUV worth Rs 3.1 lakh in a lucky draw. you just need to transfer Rs 5,000 as registration fee.

What can you do to protect yourself?

Ignore this type of information.

Verify this information through official customer service or by visiting the original website. Don't trust fake or similar-sounding website names.

Don't be tempted by promises of lotteries or prizes that you didn't apply for. If it sounds too good to be true, it's probably a scam.