Instant Loan To WhatsApp Fraud: 3 Scams That You Must Be Wary Of To Protect Your Money

Have you been receiving calls on WhatsApp with an unknown number? Are people with foreign codes calling you or texting you with lucrative job offers? Do you see ads for hassle-free instant load opportunities? We suggest you to not pay heed to any of these and report them because they are scams that can end up emptying your account if you indulge in them.

With the advent of the internet, many people started using it to make quick money. Moreover, these days we sort our credit cards, debit cards, bank accounts and loan-related queries on mobiles only. Therefore, we never know where our data is stored and if it is safe and secure.

Scammers use the technique of phishing to gather confidential details and transfer all your money into their accounts. Therefore, we always come across ads on television, radio and watch government campaigns warning us about how to detect something fishy when it comes to money.

Instant Loan

One of the biggest scams these days is ads for instant loans. You must know that no bank offers instant loans (Home Loan For Women) for any amount without verifying several details about you. Even if there is an emergency, every bank has a procedure that you would have to follow in order to get your loan amount approved.

Therefore, if you are in need of instant money, you should not fall prey to instant loan ads on Google or on any other browser. You will get the money, but people running this scam gather your confidential details, blackmail you and can even clean your whole account.

Asking For The OTP

From government to private banks, we always see advertisements warning us about con calls asking for the One Time Password. Whether or not you are making payments, you must not share OTP received from the bank with anyone.

In fact, many of these scammers call you saying they are from the bank where you have your account opened and give you a convincing reason to share your account details. A few minutes later they would ask you the OTP which if you provide them will signal the bank that you have agreed to make the transfer and in no time, your bank account will be empty.

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WhatsApp Fraud

A new scam is working its way up on WhatsApp (How To Use WhatsApp On Laptop). Have you been noticing missed calls from foreign numbers with country codes starting with +60 (Malaysia), +84 (Vietnam), +62 (Indonesia), +27 (South Africa), +251 (Ethiopia) and so on? Experts are suggesting not to pick up the call or interact with them in any capacity.

There are scammers behind these numbers who are trying to get their hands on your credential information. If you interact with them, they would know that the number they were trying is active. According to Money Control, there are agencies that sell international numbers for WhatsApp calls in different cities.

If you would interact, the fraudulent person behind the call would offer a lucrative job or part-time job that you would find luring. They might even offer you a reward for a quick task. As soon as you receive the money from your end, they will verify the details and might empty your account.

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Hence, whether you receive a call for a job from a foreign number or someone asks you about the OTP or bank details, you should immediately report the number or block it. You must not indulge with them in any capacity as there is no way of knowing how these scammers work and can get their hands on your confidential data. Stay tuned to HerZindagi for more such informative content!