kyc

KOZHIKODE: Even as the cyber police are all set to trap online thieves, fraud of lakhs taking place are raising concerns. From trading trap to virtual arrest. 22 people fell in the net spread by thieves in Kozhikode in the last three months. Among them, there are people who have lost between Rs 15 lakh and Rs 4.8 crore. Trading and FedEx courier fraud cases are mostly registered.


There are also some online scams under the guise of KYC update. 28.71 crores have been lost to the victims of cyber fraud in Kozhikode city alone in the last one and a half years. Of this, only Rs 4.33 crore was found. Scams in the name of e-SIM are also numerous. Surprisingly, most of the victims of online fraud are professionals and highly educated people.


Cheat trap of updating KYC
Under the guise of KYC update, the fraud is based on the false impression that the KYC can be updated by clicking on the link attached to the message from the bank and if not done within the specified time, the account and money will be lost. Clicking on the link will initiate the first phase of the scam. In addition to bank related information, personal information will be entered on the website and the process will be completed. After that you will get OTP. If it is given to the fake number or website itself, the money in the account will be lost. This is the cheating method.

'In case of online fraud, information should be reported within one hour (golden hour) at 1930. The earlier the fraud is reported, the more likely it is that the victim will be able to recover the lost amount, says cyber police.