अब आप न्यूज्ड हिंदी में पढ़ सकते हैं। यहाँ क्लिक करें
Home » Crime » Mumbai Women Lose Rs 53 Lakh to ‘Task Fraud’: Decoding the Latest Scam

Mumbai Women Lose Rs 53 Lakh to ‘Task Fraud’: Decoding the Latest Scam

A 'task scam' involves fraudsters posing as representatives of reputable companies, offering seemingly easy remote jobs.

By Newsd
Published on :
Mumbai Women Lose Rs 53 Lakh to 'Task Fraud'

Mumbai Women Lose Rs 53 Lakh to ‘Task Fraud’: In Mumbai, a housewife and a businesswoman were duped of Rs 28.51 lakh and Rs 24.36 lakh, respectively, between January and April.

Mumbai Women Lose Rs 53 Lakh to ‘Task Fraud’:

The victim receives a message offering a part-time job that she finds attractive.

Victims receive small payments (Rs 150-200) for completing simple tasks, such as liking and subscribing to YouTube videos.

As victims perform prepaid tasks, higher returns are promised.

Within three days, the housewife transferred Rs 28.51 lakh to four different bank accounts.

A 44-year-old woman running a rental car business lost Rs 24.36 lakh after being promised handsome returns for reviewing videos.

Initially, she received Rs 56,000 to gain her confidence, but later transferred the substantial amount to eight different accounts.

Various task fraud schemes cost a Pune techie, a firm manager, and six others Rs 1.04 crore in February.

What is a task scam?

A ‘task scam’ involves fraudsters posing as representatives of reputable companies, offering seemingly easy remote jobs.

Often, these offers involve unrealistic returns on investments or simple tasks like watching videos, filling out forms, or writing reviews.

Initially, the scammers pay small amounts to establish trust, then persuade victims to invest larger sums, promising higher returns.

Once the fraudsters disappear, the victims realize they have been scammed.

How it works

  • A message about a part-time job is sent to the victim.
  • Simple tasks involve trivial activities for which small payments are made.
  • To gain the victim’s trust, small amounts are credited.
  • For bigger tasks with supposedly high returns, victims are directed to a Telegram handle.
  • Increasing fees: Over time, the number of tasks and the fee requirements increase.
  • Investing more money for “prepaid tasks” with higher earnings is encouraged.
  • Scammers disappear after substantial investments, leaving victims with financial losses.

The scale of the scam

Pune residents have lost Rs 27.23 crore in task fraud since March 2023, according to the Cyber Cell of Pune city police.

A staggering Rs 470 crore was lost to fraudsters in Bengaluru in nine months of 2023. In Delhi alone, 30,000 people were scammed to the tune of Rs 200 crore in January of 2023.

How to protect yourself

UCO Bank’s tips:

  • Avoid unsolicited messages offering easy money for online tasks.
  • Avoid job offers that promise unrealistic returns.
  • Do not send money to anyone who promises high-paying work.
  • Use official websites or apps to verify the legitimacy of job offers and investment opportunities.
  • You should never share login credentials, sensitive information, or financial information with unknown parties, especially on messaging apps.
  • Don’t download unknown files or apps from strangers.
  • Cyber fraud incidents should be reported to the [Cyber Crime Portal] (https://www.cybercrime.gov.in) or by calling 1930.

Also Read: IRS Refund Scams: Common Schemes and How to Protect Yourself According to the IRS

Related