The State Bank of India (SBI) has alerted its customers about the rising cases of KYC (Know Your Customer) fraud. We explain how this scam works and what you can do to keep your money safe.
Supriyo Ranjan Mahapatra, a lawyer from Odisha, filed a consumer compliant against Amazon for his confirmed order being cancelled and got awarded Rs 45,000 as compensation for unfair trade practices and deficiency of service.
While Swaminathan was able to get relief from the consumer forum, many other complainants do not meet with the same success. Section 6 of the Indian Post Office Act of 1898 shields Indian postal authorities against legal cases.
Ensure that you keep your personal details ‘personal'. Things like your maiden name, your first friend in college, the name of your pet – are details that impersonators look for on social media groups online, so keep them well-guarded.
In recent times, fraudsters have been using new techniques to rob customers of their savings. Here's how you can prevent the loss of your hard-earned money!