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INSURANCE SCAM ALERTS
Digital arrest: How India’s fastest-growing scam uses fake investigations and video calls to siphon off croresThey pose as the police, put you under ‘digital arrest’, and tether you to a video call till your savings are gone. How India’s fastest gro...- Comcast's dirty secret cost them $117 million, you could be owed $10,000; here's how to grab your share by August 14The Comcast $117.5 million settlement has triggered a nationwide rush as millions of Americans now check eligibility for a possible $10,000...
- Are you affected? Medicare breach may expose Social Security Numbers — steps to check nowThe Medicare data leak has triggered fresh fears around Social Security number exposure and identity theft across the United States. A publ...
- Mother's Day Special: How AI, apps are empowering women to manage finances, improve health, build careerWomen are learning to keep pace with the ubiquitous apps and AI, shrugging off dependence on their kids for financial transactions, online ...
- 10 retirement mistakes you must avoid for a safe and stress-free futureMany people make simple retirement mistakes without knowing the risk. Poor planning, late saving, scams, and wrong money decisions can crea...
- UP man brings employee's body for cremation to claim ₹50 lakh insurance, turns out to be a dummyPolice foiled an insurance fraud attempt in Hapur. A Delhi man brought a mannequin to a cremation ground, claiming it was his deceased empl...
- India Post Chhath Puja Subsidy Fact Check: Is Post Office offering Rs 20,000 subsidy through lucky draw? Check what PIB Fact Check team says?Cybercriminals are circulating messages claiming India Post offers a "Chhath Puja Subsidy" or "lucky draw reward." The PIB Fact Check unit ...
- Get bonus for verifying your policy number and KYC details; LIC warns customers against such cyber fraud tacticsLIC: Life Insurance Corporation of India (LIC) has issued a public notice warning its customers about an ongoing fraud in its name. LIC cau...
- Being a mutual fund distributor is a good career option, says Zerodha's Nithin KamathNithin Kamath highlighted the lack of an advisory ecosystem in India, particularly RIAs and MFDs, as a major hurdle for the mutual fund ind...
- Ecommerce festive sales surge; Cred’s insurance playHappy Monday! Ecommerce platforms saw significant growth in festive sales this year. This and more in today’s ETtech Morning Dispatch.
- Fintechs scramble to protect brands from fraudstersFor years, banks and large insurance companies have battled fraudsters. Now, even prominent fintech startups like Razorpay, Zerodha, Groww,...
- Govt planning new way to save you from bank and other financial scamsAmidst the surge in phone call scams, the Department of Telecom (DoT) has unveiled a new solution to differentiate between authentic calls ...
- This ATM fraud can clean out the money in your bank account; how the scam happens, tips to stay safeATM fraudsters target victims by trapping cards, tricking them into revealing PINs, and stealing money. Recent arrests shed light on their ...
- SBI warns customers against engaging with these numbers: Here's whyThe State Bank of India (SBI) has warned its customers about phishing scams through several channels of communication, including text messa...
- Be ready to lose all your money in crypto, EU regulators warnEU-CRYPTO-Be ready to lose all your money in crypto, EU regulators warn
- Be ready to lose all your money in crypto, EU regulators warnIt marks a racheting up of direct warnings to consumers about cryptoassets by EU authorities, spelling out that consumers have no protectio...
- Irdai asks public not to fall prey to fictitious calls offering higher policy benefitsAny person making any kind of transaction with such individuals/agents will be doing the same at their own risk, Irdai said.
- Beware of these common financial hoaxesFraudsters often pose as RBI officials and create misleading email IDs and websites to swindle unsuspecting customers.
- IRDA gives nod for Rs 1,500 crore nuclear liability poolGIC, the domestic re-insurer, would be the nodal agency for creating a nuclear liability pool with a corpus of Rs 1,500 crore.
- Irda cautions public not to fall prey to fictitious callsIrda has asked the public to remain alert and not to fall prey to frauds and scams perpetrated by miscreants using the name of the authorit...
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