Tuesday 16 October 2018
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RBI: Set up special cell to tackle cyber crimes

Concerned over the increasing cases of fraudsters duping the gullible by sending e-mails, SMSes and other communications on fake letterheads, the Reserve Bank of India (RBI) has urged the police to set up a separate cell to deal with such cyber crimes.

R Gurumurty, General Manager of the Shimla branch of the RBI, said after promising huge amounts by way of a lottery, scholarship or job fraudsters gradually persuade victims to remit money to the specified account on the pretext of processing fee, tax clearance charges, conversion charges, transaction fee, etc. Once the money is transferred, they quickly withdraw the amount and vanish, leaving the victim poorer by a few lakhs. Even well-educated persons had been duped by them.

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