Unveiling the 2023 UPI Scam in India: Stay Secured
Online scams have sadly become a reality in the increasingly linked digital world, preying on both innocent people and organizations. The world of internet fraud is enormous and constantly changing, ranging from phishing emails to fraudulent investment schemes. More than 95,000 fraud instances using UPI transactions were reported in 2022–2023, up from 84,000 incidences in 2021–2022 according to the Ministry of Finance. We illuminate several forms of scams in India as we make our way through the complex realm of cyber fraud. This blog of mine will not only include a thorough rundown of the greatest frauds in India but will also concentrate on a particular financial fraud – the UPI Scam. Welcome to a world where education may protect you against the ever-changing world of internet fraud. 2023: New Scams Glooming In India Here is a collection of scams that we hear about
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