• Home
  • News
  • Sports
  • Social Justice
  • Pop Culture
  • Shop Smart
  • Quizzes
  • More
    • Photos
    • Videos
    • Food
    • Life Hacks
    • Innovation
    • Relationship
    • Style
    • Travel
    • Health
  • Advertise With Bolo Jawan
Search
Logo
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
18.9 C
Pakistan
Monday, March 27, 2023
Sign in / Join
  • Advertise with Bolo Jawan
Facebook
Instagram
Twitter
Youtube
  • Terms and Conditions
  • Disclaimer
  • Contribution Policy
  • Privacy Policy
  • Careers
  • Contact Us
  • About us
Logo
Custom Text
  • Home
  • News
  • Sports
  • Social Justice
  • Pop Culture
  • Shop Smart
  • Quizzes
  • More
    • Photos
    • Videos
    • Food
    • Life Hacks
    • Innovation
    • Relationship
    • Style
    • Travel
    • Health
  • Advertise With Bolo Jawan
Home Featured Below 8 Ways To Protect Yourself Against Financial Scammers
  • Featured Below
  • Listicles
  • Tech
  • Technology

8 Ways To Protect Yourself Against Financial Scammers

By
Injie Anis
-
November 29, 2021
0
23
Facebook
Twitter
Pinterest
WhatsApp
    protect Financial Scammers
    Source: The Economic Times

    Financial scammers, although not a novelty have become much more rampant of late. In Pakistan specifically, financial scammers mostly take advantage of low education and awareness levels. In fact, even the educated middle class often finds itself miserably scammed owing to a lack of awareness about safe online financial management practices.

    At first, the concept of digital financial hygiene seem too technical and even intimidating, the truth is that it’s really not very hard to understand. In fact, just by identifying these 8 red flags, most people can keep their hard-earned money safe from financial predators.

    1. A scammer will call you from their personal number

    You might receive a call from an unknown number claiming to be part of an organization, such as a bank wanting your financial details. Or maybe a bank manager wants to confirm your bank details.

    Always remember that every bank in Pakistan will always call you from their company or branch number. They will never contact you from their personal cell phone!

    2. They will ask for your account password and email

    Another common practice of financial scammers that you should protect yourself against is their demand for your online banking pincode, password, and/or username. Some might actually begin by asking you about the amount of cash in your bank account.

    Come what may DO NOT GIVE OUT ANY OF THESE DETAILS! Pakistani banks will only ask for your ID card number to verify your identity. They will never ask you your email address, username, pin code, bank balance, or password. Ever.

    via GIPHY

    3. They will pressure you

    When a person resists giving out their details, financial scammers are known to exert pressure. They may insist that you must follow their instructions at once to retain control of your account. Calmly, tell them that you’ll go to your bank to solve the problem, so the scammer backs off. If the mood strikes, you can also simply hang the phone flat on their face without indulging in any further discussion.

    In either case, you must inform the bank at once to ensure your account’s security has not been compromised in any way.

    Read: Ertugrul Star Cavit Çetin Güner AKA Dogan Cancels His Trip To Pakistan Because He Was Scammed

    4. They will talk for a long time

    No bank will talk to you for longer than 5 minutes unless you ring the bank seeking technical support. Anyone who claims to be a phone banking officer but indulges in random chit-chat is no phone banking officer, darling!

    5. They will ask for your PIN code

    This is super important! The scammer may send you a PIN code and ask you to repeat it to them. Or that they will request a code from you.

    PIN codes are never to be shared with anyone. They only belong to you.

    Any lapse on your part can give the scammer immediate access to your account, so be very ware!

    via GIPHY

    6. They will ask about your family’s details

    A financial scammer might ask such questions as your mother’s ID card or your brother’s cell number. Or even ask if you have a joint account. The minute you are asked such questions, don’t hesitate to end the call or call their bluff!

    Read: In Pictures: The Final Hours Before The Nationwide Petrol Strike

    7. They may say that they want to do something with your cash

    A scammer will want to “check” if their system is working. This may include transferring your cash to various accounts with generic names with the promise of “…returning your money after 24 hours.” Don’t fall for this! Dou chaar suna kar end the convo!

    8. They may call you from your landline number

    Some scammers will call from your landline to hide their tracks. A bank will only call you from the number you gave them. If the landline number is not what you have given to the bank, then anyone calling from any other number is a fraud.

    Have any more tips up your sleeve to protect against financial scammers? Tell us in the comments below!

    Facebook
    Twitter
    Pinterest
    WhatsApp
      Previous articleWhy Pakistan Needs To Look Beyond Azhar Ali
      Next articleSinf-e-Aahan Triggered A Major NUST Vs GIKI Battle & There’s No Place To Duck ‘n Cover!
      Injie Anis

      RELATED ARTICLESMORE FROM AUTHOR

      Pakistani Products That Haven't Changed Their Branding In Decades

      14 Pakistani Products That Haven’t Changed Their Branding In Decades & They Really Don’t Need To!

      Xiaomi

      Xiaomi: Everything About The TikTok “Dus Bata Dus Challenge”

      Upcoming Movies

      5 Upcoming Movies I am Looking Forward To Watching

      Water Shortage in Pakistan

      10 Things You Absolutely Need To Do To Help Pakistan Through Its Water Crisis

      Binge Watching - Netflix - Summer TV Shows

      5 Binge-Worthy TV Shows to Keep You Entertained This Summer

      Heatwave Summer Protect

      5 Ways To Protect Yourself From The Ongoing Heatwave

      2021 top songs in Pakistan

      Wrap-up 2021: The 10 Songs That Pakistan Listened To On Repeat This Year

      Essential Items Pakistani Weddings

      10 Essential Items For Every Girl Attending Pakistani Weddings This Winter

      Usman Mukhtar mayun

      10 Radiant Pictures Of Usman Mukhtar and Wife Zunaira Inam From Their Mayun

      Socio Political

      More Than 30 Million People In...

      Desk Report - August 31, 2022

      Junaid Khan All Set To Star...

      Sidra Aslam - July 28, 2022

      Entertainment

      Ainak Wala Jin Cast: Where Are...

      Syed Kumail Abbas Zaidi - January 28, 2022

      Sinf-e-Aahan Has Pakistan Hooked & Here’s...

      Syed Kumail Abbas Zaidi - January 17, 2022

      Sports

      3 Things We Were Able To...

      Afshar Iqbal - March 17, 2023

      Rashid Latif Comes Down Hard On...

      Afshar Iqbal - March 15, 2023
      Facebook
      Instagram
      Twitter