Fraud Awareness

Dated: February 6, 2021

Social Engineering Fraud Using Mobile Numbers Similar to T Wallet Toll-Free Number

Reliable inputs have been received on a new modus operandi of social engineering frauds using mobile numbers resembling a T Wallet toll-free number and registering these mobile numbers in the name of that T Wallet on caller identification mobile apps such as Truecaller. The modus operandi is given below.
2. Suppose that a T Wallet toll free number is 1800 123 1234 (e.g.). The fraudster obtains a number, say 800 123 1234, resembling the T Wallet toll-free number and registers successfully on the Truecaller app (or any caller identification application) as the toll- free number of that T Wallet. An unsuspecting customer (victim) looking to contact the T Wallet, contacts the fraudster’s number registered on the Truecaller application (800 123 1234) instead of the genuine toll-free number of the T Wallet (1800 123 1234). The person (fraudster) attending this call then lures the victim into providing sensitive details such as debit/ credit card credentials, username, OTP, etc. to access the victim’s account and carry out fraudulent transactions.

Transaction Analysts (India) Pvt. Ltd (TA) is a Digital Payment Solutions Company floated in 2010 by technocrats having wide national and international exposure in the Payment Systems domain.

TA’s Digital Payment Solution enables cashless payment service to any one irrespective if they have a smart phone, feature phone or no phone.

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