UPI transaction fraud advisory. The Tamil Nadu Police have issued an advisory following a series of UPI transaction frauds. Fraudsters have developed a new modus operandi where they first deposit small sums into the victim’s account to gain their trust. Subsequently, they use deceptive means to siphon off larger amounts. This emerging scam has left several unsuspecting individuals financially vulnerable.
The advisory urges citizens to exercise caution, avoid sharing UPI credentials, and report suspicious activities immediately. Banks and financial institutions are also advised to enhance security measures. The police emphasize awareness as a critical tool in combating this digital menace.