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Phone frauds using debit & credit cards, e-wallets increasing: MHA

Press Trust of India  |  New Delhi 

Phone frauds, especially by using debit and credit cards and e-wallets, besides fraudulent transfers of funds, are on the rise and have became a matter of concern, the home ministry has said and asked all states to take immediate action to check such crimes. The ministry has also designated the as the nodal agency for coordination with state governments for facilitating investigation into all such cases. In a communication, the Ministry of Home Affairs (MHA) said it has been noticed that financial frauds involving and are being carried out by fraudsters adopting various modes of operations. "With the increase in use of digital payments by the common Indian public, phone frauds, especially through debit/credit cards and are also rising. Such frauds are committed using or involving a payment card, such as a credit card or debit card, to fraudulently transfer funds from such card to an e-account," the ministry said. The purpose of such frauds may be to buy goods without paying or to obtain unauthorised funds from an account and the is also an adjunct to identify theft. In most of cases, the frauds are under Rs 50,000. A few cases are of the kind where the customer himself revealed debit or credit card details, PIN or OTP and fell prey to the fraudsters while in a few cases financial frauds have been committed even without the customer being at fault or being aware of it, the ministry said.

In such e-frauds, the cheated is routed first to "The Ministry of Home Affairs is concerned about rising phone frauds... An inter-ministerial committee on phone frauds has been constituted under the MHA which is periodically reviewing various aspects of dealing with phone frauds," it said. A coordination division of the has been designated as a central nodal agency to coordinate with the state and union territories for facilitating investigations, the ministry said. The division is in the process of developing a for coordination among law enforcement agencies and nodal officers of companies. The has been requested to direct all e-providers to their nodal officers for better coordination with law enforcement agencies. All states were told to designate one of Police or the of Police-Crime as for coordination with different agencies on matters of phone frauds, share best practices and suggestions to curb phone frauds. The states and UTs were requested to strengthen their and enhance cooperation as most such crimes are done by inter-state gangs. Coordinated multi-agency actions be taken in villages and towns from where most of the phone frauds emanate followed by through investigations, the ministry said.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, February 15 2018. 18:30 IST
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