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Safeguard yourself from financial frauds You might be a victim of a financial fraud and chances are you do not even know about it. This can happen and there is nothing you can possibly do to control this. It does not matter who you are or whom you know or where you are from or what position you are at. Consider this. Out of the blue someone from some financial company calls you for bounced cheque and EMI recovery. You are shocked as you have not even purchased a thing in the last six months. The caller then verifies your name, address, date of birth, mobile number, office number etc. None of this that you can deny but suddenly there is a large loan standing in your name. You have not visited the store in question, not made any payment, perhaps you were not even in town but still somehow someone purchased goods in your name, on your credentials and has now absconded with the goods leaving you in a lurch. You cannot believe this and you call for a fresh CIBIL report and you can clearly ...

Safeguard Yourself Treat unsolicited offers with suspicion If you receive a request or offer via email, pop-up message or phone that requires you to provide or confirm personal information, call the business using a phone number other than the one given to confirm the legitimacy of the request or offer. If the inquiry seemingly originates from a known and trusted entity, use the number on the back of your card or on your monthly statement. Make payments electronically when possible Electronic payments reduce the amount of paper floating around with personal information on it, and many financial institutions offer online bill paying services. Shop carefully online If you initiate an online transaction and must provide personal data, look for indicators that the site is secure, like "https" in the Web address or the closed padlock icon in the bottom frame of your browser. Avoid sites without these indicators. It is also wise to conduct financial transactions only on wired I...