Hyderabad police caution goat, sheep traders against digital payment scams ahead of Id al-Adha
Hyderabad Police have issued a warning to goat and sheep traders about digital payment scams ahead of Id al-Adha. Fraudsters are using fake payment apps to deceive traders by showing counterfeit payment confirmations. Police advise traders to verify payments through official channels and consider cash transactions to avoid scams.
- ▪Hyderabad Police Commissioner V. C. Sajjanar issued an advisory to livestock traders about digital payment scams.
- ▪Scammers are posing as buyers and using fake apps to show false payment confirmations.
- ▪Two incidents of fraud were reported in Kanchanbagh and Rajendranagar, involving significant amounts of money.
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Hyderabad Police Commissioner V. C. Sajjanar on Tuesday issued an advisory warning goat and sheep traders in Hyderabad against fraudsters using fake digital payment apps ahead of Id al-Adha.With livestock markets across the city witnessing heavy crowds in the run-up to the festival, police said cyber fraudsters are exploiting the rush by posing as buyers and showing fake payment confirmations through counterfeit mobile applications resembling popular digital payment platforms.The official said scammers are displaying fabricated “payment successful” screens on fake apps to convince traders that money has been transferred while no actual amount is credited to the seller’s bank account.Two such incidents were recently reported within the limits of Kanchanbagh and Rajendranagar police…
Excerpt limited to ~120 words for fair-use compliance. The full article is at The Hindu — Top.
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