In recent times, fraudsters have devised a new strategy to deceive unsuspecting individuals, as highlighted by Nithin Kamath, the co-founder of Zerodha, a prominent retail brokerage firm. Kamath shared a cautionary message after one of his colleagues fell victim to a sophisticated scam. The perpetrators are now posing as representatives from renowned courier companies like FedEx and Blue Dart, as well as law enforcement agencies such as the Central Bureau of Investigation (CBI) and crime branches.
The scam typically begins with a phone call from someone claiming to be associated with FedEx. They inform the victim that a package sent by them has been seized by the police due to the presence of illicit drugs. To lend credibility to their claims, the scammers may even provide official notices or initiate video calls, pretending to be police officers. Subsequently, they demand a payment to release the package and share bank account details for the funds transfer.
Nithin Kamath’s recent tweets shed light on one specific case where the victim was coerced into believing the scammers because they possessed the victim’s Aadhaar number, India’s unique identification system. Overwhelmed and anxious, the victim hastily transferred the money. Kamath emphasizes the importance of remaining calm and refraining from impulsive actions in such situations. It is crucial to assert the intention of involving a lawyer, as fraudsters often target individuals who panic and make rash decisions.
Kamath’s warnings prompted numerous Twitter users to share their own encounters with similar scams, expressing gratitude for raising awareness. Some users recounted receiving such calls several months ago, while others mentioned incidents that occurred just a few weeks prior. These shared experiences underscore the necessity of exercising caution, as scam artists continually devise new narratives to deceive unsuspecting individuals.
One user shared an incident from eight months ago, involving a call about a FedEx parcel accompanied by a purported police photo ID. However, by seeking legal advice and informing the caller about their actions, the user scared off the scammer, who abruptly ended the call. Another user revealed receiving similar calls four times, each time claiming that the user had sent a package containing illegal items. The caller instructed them to file a complaint with the Mumbai crime branch, but when the user mentioned filing a report at the local police station, the caller abruptly hung up.
These accounts serve as a reminder to exercise caution and think rationally when confronted with suspicious calls or messages. Taking the time to gather information, seeking professional advice, and involving the appropriate authorities can help individuals avoid falling victim to the schemes orchestrated by cunning fraudsters.