Fraudsters Target Kolkatans With Message-Forwarding Software

As online financial transactions became simpler and easier to conduct, the number of fraudulent transactions involving digital financial transactions also increased. Taking advantage of the increased sophistication of the fraudsters does not seem to be a problem. Cybercriminals, especially those inexperienced with financial transactions, have slowly begun using other platforms to dupe naive and gullible people after phishing and lottery scams.

Another way fraudulent activity is being carried out by fraudsters is by sending links via text messages to Kolkatans who are being targeted by them. The links on the website are the ones that notify users that a substantial amount has been credited into the accounts of these players. 

The police said that if one clicks on such a link to claim the money, the entire amount of funds may be transferred from the victim’s account to the fraudsters’ account and they will not even require them to share any OTP as part of the fraud. 

The UPI platform is used for several fraud types. Neither of these is a result of UPI problems but rather a consequence of deceptions by criminals. 

Analysts call it APK fraud as victims are tricked into downloading APK files that compromise their phones. This is done by clicking

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