Nagaland govt alerts people on financial cybercrimes

Dimapur: The Nagaland government has issued an alert to the public about the rising financial cybercrime and frauds in the country and the state.

In an advisory, the state government asked the people to be cautious of the widespread operation of such cyber financial fraudsters. It said these fraudsters are well organised and go through extra efforts to appear genuine and real to victims.

It pointed out that various sophisticated and complex methods and modus operandi are used by fraudsters and criminals to loot victims of their money.

The government cited some of the recent frauds unearthed in the country. It said in one such scam, cyber crooks were arrested from different parts of the country for duping thousands of people by creating a fake State Bank of India app similar to the SBI Yono and duping people by making them download the app through Phishing (fraud emails/messages claiming to be genuine to steal personal information like password, bank details etc. or to install malwares) and then impersonating fake bank employees asking KYC update details.

In another major scam called the ‘Chinese app seams’, lakhs of Indians have been looted of crores of rupees where victims were enticed with small returns or profit on investments made by them and then trust was gained of the victims. When the victims start investing more money, the fraudsters disappeared with the money.

Attractive fake advertisements/publicity are generated like ‘earn…

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