From Instant Loans to WhatsApp Fraud: 3 Scams to avoid
Have you been receiving scam WhatsApp calls from an unknown number? Are people with foreign phone numbers phoning or texting you about lucrative job opportunities? Do you encounter spam advertisements for no-hassle instant load opportunities? We recommend that you ignore all of these spams and report them since they are scams that might drain your bank account if you fall for them.
With the introduction of the internet, many people began to use it to make quick money. Furthermore, we now exclusively sort our credit cards, debit cards, bank accounts, and loan-related enquiries on our phones. As a result, we never know where or if our data is stored.
Scammers employ the phishing tactic to obtain personal information and transfer all of your money into their accounts. As a result, we are constantly bombarded with advertisements on television and radio, as well as government initiatives, alerting us about how to prevent financial fraud.
Scam of Instant Loans
Advertisements for rapid loans are one of the most common scams these days. You should be aware that no bank will make an instant loan (home loans for women) for any amount without first confirming many data about you. Even in an emergency, every bank has a protocol that you must follow in order to have your loan accepted.
As a result, if you need money right now, you should avoid clicking on rapid loan adverts on Google or any other browser. You will receive the funds, but the perpetrators of the fraud will collect your personal information, blackmail you, and potentially delete your entire account.
Asking for the OTP
From the government to private banks, we are constantly warned of scam calls requesting a one-time password. You must not share the OTP received from the bank with anyone, whether you are making payments or not.
In fact, many of these spam callers pretend to be from the bank where you have an account and give you a convincing reason to provide your account information. A few minutes later, the spam callers would ask for the OTP, which, if provided, would notify the bank that you had accepted to make the transfer, and your bank account would be depleted in no time.
WhatsApp Fraud
A new WhatsApp fraud is gaining popularity. Have you seen missed calls from numbers beginning with +60 (Malaysia), +84 (Vietnam), +62 (Indonesia), +27 (South Africa), +251 (Ethiopia), and so on? Experts advise against answering such spam calls or communicating with them in any way.
Behind these numbers, fraudsters and spammers are attempting to obtain your credential information. They will know that the number they are trying is active if you interact with them. Money Control reports that agencies in many cities sell international numbers for WhatsApp calls.
How to stay safe?
If you interact, the scammer behind the fraud phone call will offer you a lucrative career or part-time employment that you will find appealing. They may even offer you a reward for completing a quick task. They will check the details and may empty your account as soon as you receive the money from your end.
As a result, if you receive a job call from a foreign number or someone asks you for your OTP or bank information, you should immediately report the spam number or block it. You must not participate in any manner, as there is no way of knowing how these fraud calls operate or how the spammers can obtain your sensitive information.
