August 10, 2026

There are many kinds of frauds online. The ones that promise you a job or inform you that you have won some kind of lottery which you never bought or ones wishing to transfer funds to your account as they cannot withdraw it in their own country are passé. The new frauds appeal to your human instinct of charity & generosity, show themselves in some kind of distress and ask for money to help them tide over the situation. They will show themselves up as friend of your friends and their demand will be so immediate that you will not have time to verify their credentials. Some of us are likely to fall for the scam.

Uma Shashikant, chairperson of Centre for Investment and Learning, wrote about such a scam in The Times of India where someone posing to be her friend tried to skim her other friends. Please read the full article(link below) to avoid being a victim of such a scam.

With the internet throwing up newer scams every day, netizens need to guard themselves against such fraudsters. Misplaced charity just goes on to fund some one’s extravagant lifestyle which he or she is not able to support from his or her earnings. Full article of Uma Shashikant