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Tag: scam

How to protect your investments amidst growing concerns? 6 key lessons from Groww’s incident

The recent backlash faced by the financial services platform Groww serves as a stark reminder of the potential risks associated with digital investment platforms. A user accused Groww of fraudulent practices after an investment made through the app allegedly failed to reflect accurately in mutual fund records during redemption. This incident has not only raised […]

Coles and Telstra loyalty point phishing scams are circulating. Here’s how to spot one

Ever received a text asking you to click on a link to stop your loyalty or reward points expiring? It’s likely to be a scam. The Australian Communications and Media Authority (AMCA) has reported a sharp rise in shopping points and rewards-based SMS scams, and is warning customers to be vigilant. Here are some of […]

“Rs 15,000 credited to a/c XXXXX9082”: This ‘bank message’ could be a scam; how to identify, save money

One type of phishing attack — smishing (SMS phishing) is now being used to dupe customers of banks. If you have a bank account, you must be aware of it to avoid falling prey to this latest scam. What is it? How do fraudsters use it to empty your bank account? Find out here. What […]

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