💡11 Common Tricks Used by Scammers — Stay Alert and Protect Your Money!

 In today’s digital world, scams are evolving faster than ever. From fake bank calls to online investment traps, cybercriminals are using new and sophisticated ways to steal your hard-earned money.

At Dhan Shiksha, our goal is to empower you with financial wisdom and smart money protection.

Here are 11 common scams you must watch out for — and how to stay safe. 

 1️. TRAI Phone Scam

Scammers threaten to suspend your mobile number citing “illegal activity” or “KYC non-compliance.”
Reality: The Telecom Regulatory Authority of India (TRAI) does not suspend mobile numbers. Only telecom companies can.
👉 Action: Hang up immediately and block/report the number.

 

2️. Parcel Stuck at Customs

Fraudsters claim your parcel has been held by customs for containing illegal goods and demand payment.
👉 Action: Do not make any payment. Report such numbers to authorities.

 

3️. Digital Arrest Scam

Fake police or CBI officers contact you online, threatening arrest for fabricated crimes unless you pay or share details.
Reality: Police do not conduct “digital arrests.”
👉 Action: Stay calm. Disconnect and verify with your local police.

 

4️. “Family Member Arrested” Trap

You receive an emotional call claiming a relative is in jail and needs money for bail.
👉 Action: Verify directly with your family before taking any step.

 

5️. “Get Rich Quick” Trading Ads

Social media ads promise sky-high returns on “special” stock tips or crypto investments.
Reality: High-return, low-risk offers are almost always scams.
👉 Action: Stick to SEBI-registered investment platforms only.

 

6️. Online Jobs with Big Rewards

Scammers offer huge payments for simple online tasks — but ask for a deposit first.
Reality: Easy money offers are fake.
👉 Action: Never pay for a job offer.

 

7️. Lottery or Prize Scams

You get a message saying you’ve “won a lottery” and must share account details or pay a fee.
👉 Action: Delete it instantly. No genuine prize requires a payment.

 

8️. Mistaken Money Transfer

Scammers pretend they’ve sent money by mistake and ask you to refund it.
👉 Action: Always confirm transactions through your bank.

 

9️. KYC Expiry Message

Fake messages claim your “KYC has expired” and ask you to click a link.
Reality: Banks never send links for KYC updates.
👉 Action: Visit your bank’s official website or branch only.

 

10. Fake Tax Refunds

Fraudsters pose as Income Tax officials offering “quick refunds.”
Reality: Tax departments already have your bank details.
👉 Action: Access only official government websites (e.g., incometax.gov.in).

 

1️1. Reward Points Redemption Scam

You receive a call or SMS claiming your credit card reward points are about to expire, and are asked to click a link or share your card details to redeem them.
Reality: Banks and card issuers never ask for CVV, OTP, or PIN for reward redemption.
👉 Action: Redeem reward points only through your bank’s official app or website.

 

💬 Final Thought

Financial literacy isn’t just about earning, saving, or investing — it’s also about protecting what you already have.
Always verify before you trust, and remember: “If it sounds too good to be true — it probably is.”

 

🔒 Stay Smart. Stay Safe. Stay Dhan Shiksha Smart.