What are the types of investment fraud seen online?
Karnika Seth: One should always think twice before he/ she invests money through the Internet because now a days the internet is also an important tool for fraudsters. One of the major investment fraud seen at present is credit card frauds. In this category credit card frauds are majorly there. Credit cards can easily be screened by a single swapping at restaurant or at a petrol pump, which leads to fake online shopping and all. Another thing is online banking frauds. I will like to say that never give your internet banking id and password to anyone not even to the bank itself. Banks too advise their account holders to not to disclose their details. There are several agents who act as middleman in the tendering process for mostly overseas bidders. In many cases these middlemen have been found to be frauds. What is your comment on this? And how can one take care of online tender frauds? Karnika Seth: We do get various clients who are involved in the tendering activity. Our role is to ch
